Oppenheimer Resumes Block (SQ) at Outperform on Higher Gross Profit/Valuation

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Block Inc. (SQ) PT Lowered to $140 at Jefferies

May 4, 2022 8:05 AM EDT

Jefferies analyst Trevor Williams lowered the price target on Block Inc. (NYSE: SQ) to $140.00 (from $155.00) while maintaining a Buy rating into earnings results.

The analyst commented, "We find the 1Q set-up all too familiar. We believe Street 1Q Cash App... More