Wells Fargo Maintains Overweight on Block, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Bauch maintains an Overweight rating on Block (NYSE:SQ) but lowers the price target from $95 to $85.
August 02, 2024 | 6:46 pm
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Wells Fargo analyst Andrew Bauch maintains an Overweight rating on Block (NYSE:SQ) but lowers the price target from $95 to $85.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns or adjustments in expectations. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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IMPORTANCE 70
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