Block Inc. (SQ) PT Lowered to $190 at Credit Suisse

Block (SQ) Upgraded to Outperform at BMO, Analyst Sees Upside to Valuation

BMO analyst James Fotheringham upgraded shares of Block (NYSE: SQ) to Outperform from Market Perform with a $159.00 price target that implies 33% upside.

The analyst sees upside to current consensus estimates, starting from Cash App and to Afterpay. Hence, Fotheringham sees upside in SQ... More

Block (SQ) Beats Q4 Estimates, Relief Rally Results in 20% Gains

Shares of Block (NYSE: SQ) are up roughly 20% in premarket trading after the company reported better-than-expected Q4 financial results.

Block reported adjusted EPS of 27c, down from 32c in the year-ago period and above the expected 24c per share. Block reported $4.08 billion in revenue in the fourth quarter, up 29% YOY, topping the consensus estimates of $4.01 billion.

Cash App generated $2.55 billion in revenue, up 18% YOY, in line... More

Block Inc. (SQ) PT Lowered to $155 at Jefferies

Jefferies analyst Trevor Williams lowered the price target on Block Inc. (NYSE: SQ) to $155.00 (from $200.00) while maintaining a Buy rating.

The analyst commented, "Though an admittedly low bar, the Cash App combo of 4Q gross profit beat, better-than-feared 1Q outlook, and... More

Block Inc. (SQ) PT Raised to $210 at Rosenblatt

Rosenblatt analyst Sean Horgan raised the price target on Block Inc. (NYSE: SQ) to $210.00 (from $209.00) while maintaining a Buy rating.

The analyst commented, "We are raising our 12-month PT to $210 from $209 for Buy-rated SQ following 4Q21 earnings (reported AMC 2/24). The stock was ~18% higher... More

Block Inc. (SQ) PT Lowered to $175 at Needham & Company

Needham & Company analyst Mayank Tandon lowered the price target on Block Inc. (NYSE: SQ) to $175.00 (from $315.00) while maintaining a Buy rating.

The analyst commented, "SQ reported strong 4Q results, beating expectations on revenue, EBITDA, and EPS on the back of strength... More