Block shares are trading higher after Exane BNP upgraded the stock from Underperform to Outperform and announced a $95 price target.
Portfolio Pulse from Benzinga Newsdesk
Exane BNP has upgraded Block's stock from Underperform to Outperform and set a new price target of $95. This has led to an increase in the trading of Block shares.
July 28, 2023 | 3:55 pm
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Block's stock has been upgraded by Exane BNP from Underperform to Outperform, with a new price target of $95. This has resulted in increased trading of Block shares.
The upgrade of Block's stock by Exane BNP from Underperform to Outperform indicates a positive outlook for the company. The new price target of $95 also suggests that the stock is undervalued at its current price, which could attract more investors and drive up the stock price in the short term.
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