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TechStock Radar
E-mail: Rob@techstockprospector.com
Technorati
August 2020
Archives
 
Monday, August 3, 2020, 4:46 PM — by Rob DeFrancesco, TechStock Radar
Deutsche Bank Ups Square Target

Deutsche Bank raised its Square (SQ, $134.80) price target to $140 from $120 ahead of the release of Q2 results on Wednesday. The consensus is calling for a loss of five cents a share on revenue of $1.13 billion. The firm thinks the Cash App product can produce upside to estimates. 


Deutsche Bank expects seller growth to strengthen over time as consumer spending improves.


Square shares today rose 3.8% and hit a new all-time high at $136.12.

   
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