Benchmark Reiterates Buy on Block, Maintains $99 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Mark Palmer reiterates a Buy rating on Block (NYSE:SQ) and maintains a $99 price target.

May 03, 2024 | 3:42 pm
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Benchmark analyst Mark Palmer reiterates a Buy rating on Block and maintains a $99 price target.
The reiteration of a Buy rating and maintenance of a $99 price target by a Benchmark analyst could positively influence investor sentiment towards Block (SQ), potentially driving its stock price up in the short term. Analyst ratings and price targets are significant indicators for investors, and positive reaffirmations like this can lead to increased investor confidence and stock demand.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100