Wedbush Reiterates Neutral on Block, Maintains $70 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Nick Setyan has reiterated a Neutral rating on Block (NYSE:SQ) and maintained a $70 price target.
August 18, 2023 | 12:58 pm
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NEUTRAL IMPACT
Block's stock rating has been reiterated as Neutral by Wedbush, with a maintained price target of $70.
The reiteration of a Neutral rating indicates that the analyst believes the stock will perform in line with the market average. This is neither a negative nor a positive signal for investors. The maintained price target of $70 suggests that the analyst believes the stock is fairly valued at this price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100