(Bloomberg) — Shares of PayPal Holdings Inc. and Square Inc. gained Tuesday after separate analysts boosted their ratings on the stocks.Square has a “favorable setup,” as sentiment on the company is mixed at the moment and it can beat expectations, BofA’s Jason Kupferberg wrote in a note raising his rating to buy from neutral.“Following significant underperformance in 2019, we see an attractive entry point,” Kupferberg said. He flagged “quarterly execution” and the company’s March 18 analyst day, its first since 2017, as potential catalysts, adding that Square’s 2020 revenue guidance “looks conservative.” Square rose as much as 3.7%, its biggest …read more
Source:: Yahoo Finance
