Seaport Global Initiates Coverage On Block with Neutral Rating
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst Jeff Cantwell has initiated coverage on Block (NYSE:SQ) with a Neutral rating.

October 12, 2023 | 12:46 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Seaport Global has initiated coverage on Block with a Neutral rating, indicating no clear short-term price direction.
Analyst ratings can influence the market's perception of a stock. A neutral rating suggests that the analyst does not see the stock as either overvalued or undervalued, and it is not expected to outperform or underperform the market. This could lead to a lack of significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100