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Square (SQ) looks like a solid buy with room to grow, BTIG analyst Mark Palmer said Wednesday in initiating coverage of the recent IPO with a buy rating. Palmer set a price target of 15 for the payments processor, which started trading Nov. 19 at 9 and was near 12 in late-afternoon trading in the stock market today. Square is evolving into a commerce company, aggressively building products around the extremely valuable data that it collects during Scalper1 News
Scalper1 News