Mark Palmer

BTIG's Mark Palmer downgraded shares of Square Inc (NYSE: SQ) from Buy to Neutral after the stock hit his $20 price target. Palmer's downgrade and removal of Square's price target comes at a time when Square "impressed" him with solid execution over the past few quarters,...

LendingClub Corp (NYSE: LC)'s earnings report marks "another step in the right direction" for the company, at least according to BTIG's Mark Palmer who maintains a Buy rating on LendingClub's stock with an unchanged $9 price target. Palmer commented in a research report on Friday LendingClub's loan...

Shares of Square Inc (NYSE: SQ) gained more than 9 percent Thursday morning and hit an all-time high of $19.99 in reaction to a better-than-expected first-quarter report. BTIG's Mark Palmer maintains a Buy rating and $20 price target on Square's stock after the company delivered solid results in...

Following 2017's robust first-quarter results reported by VeriFone Systems Inc (NYSE: PAY), the stock rallied and has now risen more than 35 percent since mid-October 2016. BTIG’s Mark Palmer downgraded the rating on the company from Buy to Neutral. Further Substantiation Needed “We...

BTIG’s Mark Palmer believes Square Inc (NYSE: SQ)'s “growth and profitability shine through” the company’s fourth-quarter 2016 results. The analyst upgraded the rating on the company from Neutral to Buy, with a price target of $20. Profitable Growth “While we had been...

BTIG’s Mark Palmer noted Paypal Holdings Inc (NASDAQ: PYPL) intends to accelerate its entry into the bill payment category with the acquisition of TIO Networks. The analyst maintained a Buy rating on PayPal, with a price target of $48. Latest Acquisition “One of the factors driving...

BTIG’s Mark Palmer believes the 9 percent rally in H & R Block Inc (NYSE: HRB) shares since the U.S. Election Day “reflects complacency in the aftermath of the election of President-elect Donald Trump.” Palmer downgraded the rating on the company from Neutral to Sell, with a...

Square Inc (NYSE: SQ) reported robust Q3 2016 results beat expectations. The company also raised guidance once again. Square raising FY 2016 EBITDA guidance represents an increase in that metric in each of its first four quarters as a publicly traded company. The Software and Data Products...

BTIG’s Mark Palmer believes the Q3:16 results announcement, scheduled for later in the week, represent an opportunity for Paypal Holdings Inc (NASDAQ: PYPL) to provide more details regarding the financial implications of its recent partnerships with Visa Inc (NYSE: V) and Mastercard Inc (NYSE...

BTIG said it is not surprised by recent reports of private equity interest in VeriFone Systems Inc (NYSE: PAY), as the company's strong free cash flow and attractive valuation make it an "interesting" takeover target. Analyst Mark Palmer, who started coverage of the stock with a Buy rating and...

BTIG’s Mark Palmer mentioned that buyout rumors emerged once again regarding H & R Block Inc (NYSE: HRB) following the modest rise in the share price. Palmer reiterated a Neutral rating on the company. Operational Struggles The analyst pointed out the Q1:17 results, released by H&R...