Berenberg Initiates Coverage On Block with Buy Rating, Announces Price Target of $75
Portfolio Pulse from Benzinga Newsdesk
Berenberg analyst Mark Palmer has initiated coverage on Block (NYSE:SQ) with a Buy rating and a price target of $75.
September 12, 2023 | 8:35 am
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POSITIVE IMPACT
Berenberg has initiated coverage on Block with a Buy rating and a price target of $75, which could positively impact the stock's performance.
Analyst ratings and price targets can significantly influence a stock's performance. In this case, Berenberg's Buy rating and $75 price target for Block suggest a positive outlook for the stock, which could lead to an increase in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100