What 16 Analyst Ratings Have To Say About Block
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 16 Wall Street analysts have published their ratings on Block (NYSE:SQ), with 5 bullish, 8 somewhat bullish, and 3 indifferent. The average 12-month price target for Block is $69.69, with a high of $100.00 and a low of $45.00. This average has decreased by 22.31% from the previous average price target of $89.70.
December 05, 2023 | 12:00 pm
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NEUTRAL IMPACT
Block (NYSE:SQ) has received a mix of bullish and somewhat bullish ratings from analysts, with an average price target of $69.69, which is a 22.31% decrease from the previous target.
The mixed ratings with a majority leaning towards bullish suggest a cautiously optimistic view among analysts. However, the significant decrease in the average price target may indicate underlying concerns or a recalibration of expectations, which could lead to short-term uncertainty in the stock's performance.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100