- Square (NYSE:SQ) advances 1.9% in premarket trading after KeyBanc analyst Josh Beck lifts his price target on the stock to a Street-high $125 from $70 after revising his Cash App analysis.
- Analysts' average price target is $77.79.
- Boosts bull/base/bear cases for Cash App to $150/$90/$25 from $75/$50/$10.
- Expects financial apps to be "one of the purest beneficiaries of our digital acceleration thesis" as consumers increasingly turn to digital-first applications to manage their money.
- Square's three-month target price history: