Block Inc. (SQ) PT Raised to $97 at Wolfe Research
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Go back to Block Inc. (SQ) PT Raised to $97 at Wolfe Research
August 5, 2022 8:30 AM EDT
Jefferies analyst Trevor Williams raised the price target on Block Inc. (NYSE: SQ) to $105.00 (from $85.00) while maintaining a Buy rating.
The analyst commented, "We believe there are two key tenets to the L-T bull case: 1) sustainable 20%+ gross profit growth, and 2)... More
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
August 5, 2022 5:33 AM EDT
Shares of Block Inc. (NYSE: SQ) are down more than 7% in premarket trading despite the company reporting better-than-expected top and bottom line results.
The digital payments company reported Q2 adjusted EPS of 18c, compared to 66c in the year-ago period and above the consensus estimates of 16c per share. Net revenue came in at $4.4 billion, down 5.9% YoY and above the analyst estimates... More
