Skip to main content

Market Overview

Square's October Rally Earns It Strong Buy From Vetr

Share:

The Vetr crowd on Thursday upgraded its rating on Square, Inc. (NYSE: SQ) from 3.5 stars (Buy), issued nine days ago, to 5 stars (Strong Buy). Crowd sentiment at the time of the upgrade was generally negative, with 65 percent of Vetr user ratings bearish.

Vetr's upgrade comes as share price in Square has hit its stride, gaining over 18 percent over the course of October. Part of these gains came during a remarkable 14-day streak that saw the stock peak above $33.20. While price in Square corrected somewhat after the run, the stocked Jumped to a new high of $34.74 in Thursday's session, which it ended up closing slightly lower at $34.11.

See how crowdsourced ratings could help you time the market.

Currently, the Vetr crowd's average price target on Square is up at $39.78. Less than 2 percent of Vetr users are holding SQ in their watch-lists.

Latest Ratings for SQ

DateFirmActionFromTo
Feb 2021Morgan StanleyMaintainsEqual-Weight
Feb 2021GuggenheimUpgradesNeutralBuy
Feb 2021Truist SecuritiesMaintainsBuy

View More Analyst Ratings for SQ
View the Latest Analyst Ratings

 

Related Articles (SQ)

View Comments and Join the Discussion!

Posted-In: VetrUpgrades Crowdsourcing Analyst Ratings General

Latest Ratings

StockFirmActionPT
CMBMO CapitalUpgrades130.0
SHNWFMorgan StanleyUpgrades
ICLRTruist SecuritiesUpgrades280.0
MNSTEvercore ISI GroupUpgrades
USPHBarrington ResearchDowngrades
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com