Evercore ISI Group Maintains In-Line on Block, Maintains $75 Price Target
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst David Togut maintains an In-Line rating on Block (NYSE:SQ) and keeps the price target at $75.

March 26, 2024 | 6:05 pm
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NEUTRAL IMPACT
Evercore ISI Group maintains an In-Line rating on Block with a $75 price target.
The maintenance of an In-Line rating and a steady price target by a reputable analyst like David Togut suggests a neutral short-term impact on Block's stock price. The reaffirmation of the price target indicates that the analyst's view on the company's valuation has not changed, which could stabilize investor sentiment around the current price level.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100