Wedbush Reiterates Outperform on Block, Maintains $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Moshe Katri has reiterated an Outperform rating on Block (NYSE:SQ) and maintained a $90 price target on the stock.
February 20, 2024 | 2:00 pm
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Wedbush analyst Moshe Katri has reiterated an Outperform rating on Block, Inc. (NYSE:SQ) and maintained a $90 price target.
The reiteration of an Outperform rating and the maintenance of a $90 price target by a reputable analyst like Moshe Katri could positively influence investor sentiment towards Block, Inc. (SQ), potentially leading to a short-term increase in its stock price. Analyst ratings and price targets are significant indicators for investors, and positive reaffirmations can lead to increased buying interest.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100