RBC Capital Reiterates Outperform on Block, Maintains $90 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Daniel Perlin has reiterated an Outperform rating on Block (NYSE:SQ) and maintained a $90 price target.

August 29, 2023 | 12:02 pm
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POSITIVE IMPACT
RBC Capital's reiteration of an Outperform rating and a $90 price target on Block could potentially boost investor confidence in the stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, RBC Capital's reiteration of an Outperform rating and a $90 price target on Block indicates their positive outlook on the company, which could potentially boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100