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Square, the financial services platform, is embracing generative AI in a very visible way. After announcing earlier this year that it would bring AI features to drive retail sales, Square this morning took the wraps off of new ten -- count 'em, ten -- generative AI capabilities focused on customer content creation, onboarding and setup.
As with many of 2020’s high-flyers, Square’s (SQ) share gains are much harder to come by in 2021. In fact, in sharp contrast to last year’s impressive performance, the stock remains almost flat year-to-date. That said, the adoption of digital payment enablers is a trend firmly on the rise and Square is set to continue reaping the rewards. At least that is the opinion of Tigress Financial analyst Ivan Feinseth. The analyst recently reiterated a Buy rating on SQ stock and set a $295 price target for the shares. Investors could be pocketing gains of ~40%, should Feinseth ...