Credit Suisse analyst Paul Condra maintained a Buy rating on Square Inc (NYSE: SQ) yesterday and set a price target of $94. The company’s shares closed yesterday at $73.77.
According to TipRanks.com, Condra is a 5-star analyst with an average return of 13.6% and a 77.3% success rate. Condra covers the Technology sector, focusing on stocks such as Alliance Data Systems, Total System Services, and Paypal Holdings.
Currently, the analyst consensus on Square Inc is a Moderate Buy with an average price target of $88.43, implying a 19.9% upside from current levels. In a report issued on October 2, KeyBanc also maintained a Buy rating on the stock with a $115 price target.
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The company has a one-year high of $101.15 and a one-year low of $31.44. Currently, Square Inc has an average volume of 13.41M.
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Square, Inc. engages in the provision of credit card payment processing solutions. The firm offers additional point-of-sale services, financial services, and marketing services. The company was founded by Jack Dorsey and Jim McKelvey in February 2009 and is headquartered in San Francisco, CA.
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