Oppenheimer upgrades Square to ‘outperform’, sets $185 price target

Oppenheimer upgraded Square to ‘outperform’ from ‘perform’ and introduced a $185 price target. Oppenheimer credits the COVID-19 pandemic for the vote of confidence in the payment processing company, citing that it is pulling through a massive shift in digital commerce requiring merchants to rapidly adopt omni-channel solutions. Yahoo Finance’s panel breaks down the details.