San Francisco-based Square, with shares down 23 percent in August, saw two analysts Tuesday turn bullish on the payments company’s prospects, citing the company’s Caviar sale and growth of its Cash App.
Square's August decline was triggered Aug. 1, when the company provided weaker-than-expected quarterly guidance and announced a deal to sell its food-delivery service, Caviar, to DoorDash for $410 million.
On Tuesday, Square (NYSE: SQ) shares initially rose on the two analysts’ upgrades, but…
