Baird Maintains Outperform on Block, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Koning has maintained an Outperform rating on Block, Inc. (NYSE:SQ) and raised the price target from $98 to $100.
May 03, 2024 | 11:45 am
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Baird analyst David Koning reaffirmed an Outperform rating on Block, Inc. and increased the price target to $100 from $98.
The reaffirmation of the Outperform rating and increase in price target by Baird analyst David Koning is a strong positive signal for Block, Inc. This adjustment reflects a bullish outlook on the company's future performance and may lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100