Truist Securities Maintains Buy on Block, Lowers Price Target to $85
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 $90 to $85.
August 04, 2023 | 5:18 pm
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Truist Securities has maintained a Buy rating on Block but lowered the price target from $90 to $85.
The news is directly about Block (NYSE:SQ). Truist Securities has maintained a Buy rating, indicating a positive outlook, but the lowering of the price target may create some uncertainty among investors. This could potentially lead to short-term volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100