PayPal downgraded, Block upgraded at William Blair
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William Blair Upgrades Block Inc. (SQ) to Outperform
July 18, 2024 6:29 AM EDT(Updated - July 18, 2024 7:05 AM EDT)
William Blair analyst Cristopher Kennedy upgraded Block Inc. (NYSE: SQ) from Market Perform to Outperform.
The analyst comments "Our bullish view reflects the following: First, we contend Squares execution is steadily improv-ing, marked by simpler merchant onboarding and new... More
These two fintech stocks could jump soon as analysts see 'beat and raise potential'
July 16, 2024 11:30 AM EDTTD Cowen analysts have identified two fintech stock as having significant "beat and raise potential" ahead of their upcoming earnings reports.
The companies in question are PayPal (NASDAQ: PYPL) and Block (NYSE: SQ). This optimistic forecast from the bank comes despite a recent moderation in macroeconomic data points that has left the broader payments group out of favor, with a median performance decline of 5% over the last three months.
According to TD Cowen, consumer volume... More
