Mark Palmer

Bitcoin (CRYPTO: BTC) is making new all-time highs following the listing of the first Bitcoin futures ETF, but that's not the only reason Bitcoin is surging Wednesday, according to BTIG analyst Mark Palmer. Bitcoin: A Safe Haven? "If you look at Bitcoin in the...

Square Inc (NASDAQ: SQ) shares traded higher by 6% on Friday morning after the company reported a Bitcoin (CRYPTO: BTC)-fueled surge in first-quarter revenue. For the first quarter, Square reported 41 cents in EPS on revenue of $5.06 billion. Both numbers beat consensus analyst estimates of 16...

One of most anticipated IPOs of 2021 took place Wednesday with Coinbase Global (NASDAQ: COIN) hitting the public markets. The cryptocurrency exchange company opened for trading at $381 a share. An analyst believes shares can go much higher than Wednesday’s opening price. The Coinbase...

PayPal Holdings Inc (NASDAQ: PYPL) shares were advancing Thursday after a sell-side analyst took a bullish stance on the payments stock. The PayPal Analyst: BTIG analyst Mark Palmer upgraded PayPal from Neutral to Buy with a $300 price target. The PayPal Thesis: The accelerating shift toward...

Payment processing company Square Inc (NYSE: SQ) said Wednesday that the FDIC voted to conditionally approve its application for an Industrial Loan Company, or ILC, bank charter. The company also received charter approval from the Utah Department of Financial Institutions. The Square...

Shares of Paypal Holdings Inc (NASDAQ: PYPL) have gained nearly 25 percent over the past year and 45 percent since December, but BTIG says the stock remains undervalued. The Analyst BTIG's Mark Palmer maintains a Buy rating on PayPal with a price target lifted from $114 to $130. The Thesis...

Square Inc (NYSE: SQ) is getting crushed Thursday following a disappointing third-quarter earnings report. Square beat analyst expectations for earnings and revenue, but its fourth-quarter guidance disappointed Wall Street. The stock was down more than 9 percent to $74.79 at time of publication....

PayPal Holdings Inc. (NASDAQ: PYPL) reported third-quarter earnings after the close Thursday, and shares were surging Friday morning in reaction to the print.  The Analysts Credit Suisse analyst Paul Condra set an Outperform rating and $100 price target. Raymond James analyst John...

Longtime Square Inc (NYSE: SQ) CFO Sarah Friar confirmed Wednesday she will step down from her post to assume the CEO title of Nextdoor, a social network for local neighborhoods. Square's stock sold off more than 15 percent Thursday. Here's a summary of how some of the Street's top...

Square Inc (NYSE: SQ) stock is up an incredible 240 percent in 2017, but another analyst now says now is the time for traders to take their profits to the bank. The Analyst BTIG analyst Mark Palmer downgraded Square from Neutral to Sell and set a $30 price target for the stock. The Thesis...

Paypal Holdings Inc (NASDAQ: PYPL) reported Thursday after the market close third-quarter results, which showed 21-percent revenue growth to $3.24 billion and 31 percent non-GAAP earnings per share growth to 46 cents. The payment processing platform said active customer accounts totaled 218...

Shares of H&R Block Inc (NYSE: HRB) tumbled more than 7 percent Wednesday as investors weren't satisfied with the company's fiscal first-quarter earnings report, which prompted some analysts to reiterate a Sell rating on the stock. BTIG's Mark Palmer maintains a Sell rating with an...

Ahead of its earnings date, investors should have high expectations for PayPal Holdings Inc (NASDAQ: PYPL) as the stock is trading up nearly 50 percent over the last seven months. “At this juncture, we believe investors in PYPL shares will be looking not only for an earnings beat and perhaps...

BTIG analyst Mark Palmer sees growth ahead for Paypal Holdings Inc (NASDAQ: PYPL), reiterating a Buy rating with a price target raised from $53 to $63. “We believe [PayPal] represents the most direct means by which investors can participate in the growth of mobile payments and e-commerce,...

H & R Block Inc (NYSE: HRB) shares are surging in reaction to the strong fourth-quarter results the company released Tuesday. BTIG noted the results would mean CEO Bill Cobb, who last month announced his departure from the company at the end of July, will bow out in style. Analyst Mark Palmer...