You can thank Mizuho Securities for that. This morning, Mizuho initiated coverage of Square stock with a buy rating and a $225 price target, promising as much as a 42% profit on shares that currently fetch just $158. Its operating profit margin last year was a bare 0.6%, and it's turned negative since the coronavirus hit and the recession began. Read More...
Why Square Stock Popped 5% Today
You can thank Mizuho Securities for that. This morning, Mizuho initiated coverage of Square stock with a buy rating and a $225 price target, promising as much as a 42% profit on shares that currently fetch just $158. Its operating profit margin last year was a bare 0.6%, and it’s turned negative since the coronavirus hit and the recession began.
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