Block (SQ) option IV increases into quarter results and outlook

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JPMorgan Starts Block Inc (SQ2:AU) (SQ) at Overweight

August 5, 2022 5:51 AM EDT

JPMorgan analyst Tien-tsin Huang initiates coverage on Block Inc (SQ2:AU) (NYSE: SQ) with a Overweight rating and a price target of AUD153.00.

The analyst comments "We covered largely in-line results and a reiterated start of production (SOP) and cash burn guide in our reaction note. In this note we update our... More