square inc chief executive jack dorsey will have more time to focus on the payments company now that he’s stepping down from the ceo post at twitter inc and that has one analyst feeling better about square’s stock bank of america analyst jason kupferberg upgraded square’s stock sq to neutral from underperform tuesday writing that dorsey is now “all in” on square which made kupferberg “incrementally encouraged” about the company’s prospects he boosted his price objective to 221 from 210 while square shares which were off 21 in tuesday’s session recently changed hands at 20850 see more twitter ceo jack dorsey to step down and be replaced by cto parag agrawal kupferberg anticipates that square executives—and investors—will come to focus more attention on the company’s planned acquisition of afterpay ltd in 2022 as the “transformative” deal may close in the first half of the new year square is looking to wade into the buynow paylater game through its pending allstock deal for afterpay which could boost its seller and consumerfacing cash app businesses the deal would also pit square up against affirm holdings inc afrm and deepen its rivalry with paypal holdings inc pypl  which also offers bnpl capabilities square shareholders have already approved the deal and afterpay shareholders are likely to approve it in early december kupferberg “would then expect square to be in a position to discuss more specifics around afterpay revenue synergies” he’ll also be watching for any midquarter updates on the seller and cash app businesses when square presents at a credit suisse conference dec 1 now that kupferberg has boosted his rating just three analysts tracked by factset rate square’s stock the equivalent of sell while 11 rate it a hold and 25 rate it a buy kupferberg still has some concerns however and isn’t ready to turn fully bullish on the payments stock “we hesitate to get more positive on the stock until there is better visibility on the nearterm and mediumterm trajectory of cash app gross profits as square has not yet reinstated topline guidance” he wrote “we also recognize that if treasury yields start to climb again growth stocks such as square could remain under pressure” opinion jack dorsey didn’t change twitter’s trajectory what happens now square shares have come under pressure lately dropping 183 over the past month as the sp 500 spx has lost 03