Analyst Ratings For Block
Portfolio Pulse from Benzinga Insights
Block (NYSE:SQ) has been analyzed by 11 analysts, showing a range of opinions from bullish to bearish. The average 12-month price target is $84.91, down 6.79% from the previous $91.10. Analysts have adjusted their ratings and price targets, reflecting market conditions and company performance. Block's financials show positive revenue growth but challenges in profitability and asset utilization.
October 01, 2024 | 6:02 pm
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NEUTRAL IMPACT
Block's average 12-month price target has decreased by 6.79% to $84.91, with mixed analyst ratings. Despite positive revenue growth, the company faces challenges in profitability and asset utilization.
The decrease in the average price target and mixed analyst ratings suggest a neutral short-term impact on Block's stock price. While revenue growth is positive, challenges in profitability and asset utilization may offset potential gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100