TD Cowen Initiates Coverage On Block with Outperform Rating, Announces Price Target of $59
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Bryan Bergin initiates coverage on Block (NYSE:SQ) with an Outperform rating and a price target of $59.
October 06, 2023 | 9:35 am
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TD Cowen has initiated coverage on Block (NYSE:SQ) with an Outperform rating and a price target of $59.
The initiation of coverage by TD Cowen with an Outperform rating indicates a positive outlook for Block's stock. The price target of $59 suggests potential upside from the current price. This could lead to increased investor interest and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100