Block (SQ) Stock Falls Despite Earnings Beat, Analysts Remain Positive

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Block Inc. (SQ) PT Raised to $105 at Jefferies

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

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

Block Inc. (SQ) PT Raised to $97 at Wolfe Research

August 5, 2022 3:35 AM EDT

Wolfe Research analyst Darrin Peller raised the price target on Block Inc. (NYSE: SQ) to $97.00 (from $85.00) while maintaining a Outperform rating.... More