What's Going On With Block Inc Stock?
Portfolio Pulse from Erica Kollmann
Block, Inc. (NYSE:SQ) shares are trading higher after B of A Securities maintained its Buy rating and $71 price objective on the stock. The shares have been down 46% to near all-time lows since the end of July. The company is set to announce its Q3 financial results on Nov. 2. More than 9.7 million shares have been traded in the session, compared to the stock's 100-day average of 10.279 million shares.
October 10, 2023 | 7:31 pm
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Block, Inc. (NYSE:SQ) shares are trading higher after B of A Securities maintained its Buy rating. The company is set to announce its Q3 financial results on Nov. 2.
The maintained Buy rating from B of A Securities and the upcoming Q3 financial results announcement are likely to have a positive impact on Block, Inc.'s stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100