On Jun 27, 2018 Stephens Downgrades Square (SQ) From Overweight.

June 27, 2018 - By Bridget Boland

Square, Inc. (NYSE:SQ) Corporate Logo

Stephens Decreased Square (SQ)’s Stock Rating to Equal-Weight.

From Overweight to Equal-Weight was changed Square (SQ)‘s rating by Stephens. The downgrade was announced on Tuesday, 26 June.

Square, Inc. (NYSE:SQ) Ratings Coverage

In total 24 analysts cover Square Inc (SQ). “Buy” rating has 13, “Sell” are 2, while 9 are “Hold”. (SQ) has 54% bullish analysts. 44 are the (SQ)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Wednesday, February 28 Needham maintained the shares of SQ in report with “Buy” rating. On Thursday, January 4 the stock of Square, Inc. (NYSE:SQ) has “Sell” rating given by BTIG Research. On Friday, May 18 the firm earned “Buy” rating by RBC Capital Markets. On Wednesday, February 21 the firm has “Overweight” rating by KeyBanc Capital Markets given. On Monday, April 30 the rating was maintained by RBC Capital Markets with “Buy”. On Wednesday, February 28 Craig Hallum maintained Square, Inc. (NYSE:SQ) with “Hold” rating. On Sunday, April 22 the rating was maintained by KeyBanc Capital Markets with “Buy”. On Monday, June 4 Stifel Nicolaus maintained Square, Inc. (NYSE:SQ) rating. Stifel Nicolaus has “Buy” rating and $66 target. On Friday, March 23 the firm earned “Sell” rating by Craig Hallum. On Wednesday, February 28 the stock of Square, Inc. (NYSE:SQ) has “Hold” rating given by Canaccord Genuity.

SQ reached $62.54 during the last trading session after $0.65 change.Square, Inc. has 13.17 million shares volume, 17.74% up from normal. SQ is uptrending and has moved 149.75% since June 27, 2017. SQ outperformed by 137.18% the S&P 500.

Square, Inc. provides payment and point-of-sale solutions in the United States and internationally.The company has $25.06 billion market cap. The company's commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions.Currently it has negative earnings. It offers hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts Europay, MasterCard, and Visa chip cards and Near Field Communication payments; Chip card reader, which accepts EMV chip cards and enables swiped transactions of magnetic stripe cards; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; and Square Register that combines its hardware, point-of-sale software, and payments technology, as well as managed payments solutions.

For more Square, Inc. (NYSE:SQ) news brought out briefly go to: Seekingalpha.com, Fool.com, Seekingalpha.com, Seekingalpha.com or Fool.com. The titles are as follows: “Square – Not Quite A Snare” brought out on June 13, 2018, “Is Square Inc. a Buy?” on June 23, 2018, “It’s Hip To Be Square” with a publish date: June 14, 2018, “Square gets New York state cryptocurrency license” and the last “Better Buy: Square Inc. vs. Mastercard” with publication date: June 26, 2018.

Square, Inc. (NYSE:SQ) Analyst Ratings Chart

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