Truist Securities Maintains Buy on Block, Lowers Price Target to $80
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Andrew Jeffrey maintains a Buy rating on Block (NYSE:SQ) but lowers the price target from $105 to $80.
June 23, 2023 | 3:37 pm
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NEUTRAL IMPACT
Truist Securities maintains Buy rating on Block (NYSE:SQ) but lowers the price target from $105 to $80.
The news of Truist Securities maintaining a Buy rating on Block is positive for the stock. However, the lowering of the price target from $105 to $80 may create uncertainty among investors, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100