Canaccord Genuity Reiterates Buy on Block, Maintains $90 Price Target
Portfolio Pulse from richadhand@benzinga.com
Canaccord Genuity analyst Joseph Vafi has reiterated a 'Buy' rating on Block (NYSE:SQ) and maintained a price target of $90.
August 07, 2023 | 8:17 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Block's stock rating has been reiterated as 'Buy' by Canaccord Genuity with a maintained price target of $90.
The reiteration of a 'Buy' rating by a reputable analyst like Joseph Vafi from Canaccord Genuity is a positive signal for Block. The maintained price target of $90 also indicates a positive outlook for the stock. This could potentially lead to an increase in investor confidence and a short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100