HSBC Initiates Coverage On Block with Hold Rating, Announces Price Target of $46
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Saul Martinez has initiated coverage on Block (NYSE:SQ) with a Hold rating and a price target of $46.

October 13, 2023 | 10:44 am
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NEUTRAL IMPACT
HSBC has initiated coverage on Block with a Hold rating and a price target of $46.
The Hold rating from HSBC indicates a neutral outlook for Block's stock in the short term. The price target of $46 provides a reference point for investors, but does not necessarily suggest a significant change in the stock's current trajectory.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100