How Wall Street Rates Square after CFO Departure
Square CFO Steps Down: Does Stock Seem Attractive Now? The stock of Square (SQ), a mobile payments company, has plunged ~20% in the past two days, as discussed in the previous article, due to the announcement of the departure of its CFO, Sarah Friar. Out of the 36 analysts covering Square, 17 analysts have rated the stock a “buy,” while 17 analysts rated the stock a “hold.” Two of the analysts have given the stock a “sell” rating, which signals that the majority of analysts are positive on the stock despite the CFO’s resignation.