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Vetr Circles Square For An Upgrade

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On Monday, the Vetr crowd upgraded their rating for Square Inc (NYSE: SQ) from 3.5 stars (Buy) to 4.5 stars (Strong Buy). Crowd confidence in the stock is middling, with 55 percent of Vetr user ratings bullish.

Square's stock has been on a steady upward trend since November. Shares have risen over 64 percent since the start of that month, from just over $11 on November 1 to $13.20 on Monday.

Analysts have also taken notice of the healthy rise in Square, with several institutions upgrading their rating of the stock. Deutsche Bank changed its rating from from Hold to Buy, while Pacific Coast recently bumped its rating to Overweight.

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Currently, the Vetr crowd's average target price for Square is up at $15.08, which is above the current analyst target price of $13.09. Less than 2 percent of Vetr users are holding SQ in their watch lists.

 

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Posted-In: VetrUpgrades Crowdsourcing Analyst Ratings General

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