Block Inc. (SQ) PT Raised to $97 at Wolfe Research
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Block Inc. (SQ) PT Raised to $105 at Jefferies
August 5, 2022 8:30 AM EDTJefferies 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
JPMorgan Starts Block Inc (SQ2:AU) (SQ) at Overweight
August 5, 2022 5:51 AM EDTJPMorgan 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
Block (SQ) Stock Falls Despite Earnings Beat, Analysts Remain Positive
August 5, 2022 5:33 AM EDTShares 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
