Why Square Stock Jumped Today

Why Square Stock Jumped Today

SunTrust analyst Andrew Jeffrey reiterated his buy rating on Square's stock and boosted his target price from $83 to $150. Jeffrey's new target represents potential upside of 25% for investors, based on Square's current price near $120, and signifies a new high among Wall Street analyst forecasts. Square stock climbed on Monday after SunTrust raised its price forecast to $150.