Square Stock: Next Stop, $81?

Another Wall Street pro is sprinting to catch up to Square's (NYSE: SQ) sizzling stock. Paul Condra at Credit Suisse is upgrading shares of the mobile payments specialist, lifting his rating from neutral to outperform. He sees Square's business gaining in popularity with both merchants and consumers, as the platform is starting to appeal to larger merchants while migration trends to Square's Cash App continue to be rosy. Condra is dramatically jacking up his price target, raising his goal from $44 to $81.

Topics:  wall street    nyse   sq    paul condra   credit suisse   cash app   jacking   square   merchants   treadmill   target   upgrading   price   
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