New Street Research Initiates Coverage On Block with Neutral Rating, Announces Price Target of $70
Portfolio Pulse from Benzinga Newsdesk
New Street Research has initiated coverage on Block (NYSE:SQ) with a Neutral rating and set a price target of $70.
September 09, 2024 | 12:22 pm
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NEUTRAL IMPACT
New Street Research has initiated coverage on Block with a Neutral rating and a price target of $70, indicating a balanced view on the stock's potential.
The Neutral rating suggests that the analyst does not see significant upside or downside in the short term. The price target of $70 provides a benchmark for investors, but the neutral stance indicates a balanced view on the stock's potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100