Wolfe Research Maintains Outperform on Block, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Darrin Peller maintains an Outperform rating on Block (NYSE:SQ) but lowers the price target from $90 to $85.
June 05, 2023 | 9:37 am
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Wolfe Research maintains an Outperform rating on Block (NYSE:SQ) but lowers the price target from $90 to $85.
The news of Wolfe Research maintaining an Outperform rating on Block indicates a positive outlook for the company. However, the lowering of the price target from $90 to $85 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100