Analysts Split On Square As Dorsey Remains Split Between Twitter By Scalper1 | May 6, 2016 0 Comment Scalper1 News alt : http://feedproxy.google.com/~r/InternetTechnologyRss/~5/3PscKPH1A7E/sq050616_sd.mp4http://feedproxy.google.com/~r/InternetTechnologyRss/~5/3PscKPH1A7E/sq050616_sd.mp4 Loading the player… Payment processor Square ( SQ ) is crashing after its quarterly adjusted loss was wider than expected, reigniting questions about Jack Dorsey’s ability to lead two companies at the same time. Wedbush on Friday downgraded the stock to underperform and cut its price target to 9 from 11. The analyst projects that the company’s growth will decelerate over the next two years amid more competition and market saturation. Meanwhile, Goldman Sachs believes Square is still a buy despite the pullback, saying that “continued fundamental momentum should drive the stock to recovery as the company executes.” Shares are gapping down 20% in giant volume, hitting a more than two-month low. Square initially broke out of an IPO base in late March, and drifted in and out of buy range for a month before turning lower and breaching its 50-day line in Thursday’s session. Square is now more than 30% below its all-time high. Between this disappointing report and Twitter’s ( TWTR ) last week, CEO Jack Dorsey has his work cut out for him. Twitter is trading at all-time lows and is more than 60% below its 52-week peak, but edged up 0.7% Friday. Meanwhile, Square peer PayPal ( PYPL ) is retaking its 50-day line in quick trade, up 0.9% intraday. PayPal shares are trading 7% below its all-time high reached on its first day of trade after its split from eBay ( EBAY ). Elsewhere in the payment space, Visa ( V ) is trading around sell territory after an attempted breakout past a cup base failed. Visa was essentially flat by early afternoon. And MasterCard ( MA ) is trading just below buy range from a cup-with-handle base with a 96.21 buy point it initially broke out of less than a month ago. MasterCard was also little changed by the afternoon. Scalper1 News Scalper1 News Related posts: Will Twitter Make Dorsey CEO If Square Holds An IPO? Tale Of Two Companies: Jack Dorsey At Twitter, Square What Do The New iPhone SE, iPad Pro Look Like? See Here PayPal At The Heart Of Facebook, Starbucks Mobile Payment Offerings