![Macquarie Out Bullish On Square, Likes Cash App's Prospects]( "Macquarie Out Bullish On Square, Likes Cash App's Prospects")
The awareness of the Cash App relative to competitors, particularly PayPal Holdings Inc’s (NASDAQ: PYPL) Venmo, is growing, according to what people are searching for on the internet, Dolev said. The bullish coverage follows strong gross payment volume growth in the third quarter and rising sales and marketing efficiency, which contribute to the positive outlook.
