Square Poised to Shoot 42% Higher, Says Analyst
Square (NYSE: SQ) is a seriously undervalued stock, according to Mizuho Securities prognosticator Dan Dolev. On Monday, Dolev lifted his price target on the stock to a "street high" of $380; his previous level was $300. If achieved, the new level would represent nearly 42% upside to Square's most recent closing stock price.
Meanwhile, Dolev is maintaining his buy recommendation on the shares.
Source Fool.com