Square: More Upside on the Horizon, Says Analyst

One of 2020’s most prominent trends has been the rise of digital payments. Driven by the continued success of it Cash App, Square (SQ) has made the most of this opportunity. The fintech player has experienced strong growth and as a result the stock has accumulated year-to-date gains of a massive 171%.Heading into next week’s Q3 earnings (Nov 5 AMC), Deutsche Bank analyst Bryan Keane anticipates another strong showing from the payments industry disruptor.”We expect SQ to continue executing with improving Seller trends and Cash App strength from stimulus and increased demand for the company’s digital solutions driving stronger long …read more

Source:: Yahoo Finance