Benchmark Initiates Coverage On Block with Buy Rating, Announces Price Target of $89
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Mark Palmer initiates coverage on Block (NYSE:SQ) with a Buy rating and announces a price target of $89.

February 13, 2024 | 11:11 am
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Benchmark analyst Mark Palmer initiates coverage on Block with a Buy rating and sets a price target of $89.
The initiation of coverage by Benchmark with a Buy rating and a price target of $89 is a strong positive signal for Block (SQ). This recommendation could lead to increased investor interest and potentially drive the stock price up in the short term, as it reflects a bullish outlook from a reputable analyst.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100