Square Stock Will Surge 53% to $300, According to This Analyst

Square Stock Will Surge 53% to $300, According to This Analyst

On Monday, Dolev raised his price target on Square's stock from $225 to $300, becoming the most bullish among Wall Street analysts. Dolev completed an extensive analysis of search trends and concluded that interest in Square's Cash App is exploding in the 15 most densely populated states. The analyst found that Cash App represented roughly 60% of searches for Venmo or Cash App, up from just 40% in 2017 and 2018.