Jefferies Maintains Buy on Block, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Trevor Williams maintains a Buy rating on Block (NYSE:SQ) and raises the price target from $90 to $100.
March 11, 2024 | 3:21 pm
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POSITIVE IMPACT
Jefferies maintains a Buy rating on Block and raises the price target from $90 to $100.
The upgrade in the price target by a reputable analyst like Trevor Williams from Jefferies is a strong positive signal for Block. It suggests confidence in the company's future performance and growth potential, likely leading to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100