Goldman Sachs Maintains Buy on Block, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Michael Ng maintains a Buy rating on Block (NYSE:SQ) but has lowered the price target from $110 to $95.
November 03, 2023 | 2:24 pm
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Goldman Sachs maintains a Buy rating on Block but lowers the price target from $110 to $95.
The news is directly related to Block (NYSE:SQ) as Goldman Sachs has maintained a Buy rating but lowered the price target. This could indicate a potential downside in the short term, but the maintained Buy rating suggests that the long-term outlook remains positive. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100