The Vetr community on Monday upgraded Square, Inc. (NYSE:SQ) from 3 stars (Hold) to 3.5 stars (Buy). Despite the upgrade, the Vetr crowd’s outlook on Square was overwhelmingly negative, with 72.2 percent of Vetr users giving the stock a Sell rating, 11.1 percent a Hold and 16.7 percent a Buy.
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At time of publication, Square shares were trading at $57.69. The Vetr crowd remains neutral to moderately bearish on the stock in the long run, with an aggregated price target of $57.03 implying slight 1.2 percent downside.
Analyst outlook was negative. Among analysts, the 12-month consensus price target on the stock is at $47.00, implying a heavily bearish outlook.