Credit Suisse’s Paul Condra upgraded Square from Neutral to Outperform with a price target lifted from $44 to $81.
Morgan Stanley’s James Faucette maintains an Equal-weight on Square with a price target lifted from $43 to $75.
Those sure are whopper price target increases, but given that the price was already close to $70 the analysts probably should have raised the PT sooner.
SQ reports Q2 results in 13 days on August 1st.
Chris