Sq. (NYSE:SQ) advances 1.9% in premarket buying and selling after KeyBanc analyst Josh Beck lifts his price goal on the stock to a Street-high $125 from $70 after revising his Money App evaluation.
Analysts’ common price goal is $77.79.
Boosts bull/base/bear instances for Money App to $150/$90/$25 from $75/$50/$10.
Expects monetary apps to be “one of many purest beneficiaries of our digital acceleration thesis” as customers more and more flip to digital-first functions to handle their cash.
Sq.’s three-month goal price historical past: