Block lifts core earnings forecast on consumer spending strength
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Block Inc (SQ2:AU) (SQ) PT Raised to AUD138 at JPMorgan
August 2, 2024 1:15 PM EDTJPMorgan analyst Tien-tsin Huang raised the price target on Block Inc (SQ2:AU) (NYSE: SQ) to AUD138.00 (from AUD137.00) while maintaining a Overweight rating.
The analyst comments "2Q featured a solid top and bottom line beat, led by Cash App, and outlook was encouragingly raised beyond 2Q upside. Numbers aside, the focus on GTM in Jack Dorseys SH letter should be music to investors ears,... More
Macquarie Reiterates Outperform Rating on Block Inc. (SQ)
August 2, 2024 9:05 AM EDTMacquarie analyst Paul Golding reiterated an Outperform rating and $100.00 price target on Block Inc. (NYSE: SQ).
The analyst comments "Q2 earnings beat guidance and cons. despite revs/GPV missing. BTC has driven this. The beat and outlook sees the FY24 guide upgraded again. Various... More
