1 Wall Street Analyst Thinks Block (Square) Is Going to $96. Is It a Buy Around $71?
SQBLOCK(SQ) The Motley Fool·2024-05-14 22:37

Phillip Securities upgraded Block in the aftermath of its earnings report last week. The stock market reacted to Block's (SQ 3.06%) first-quarter earnings report last week. The fintech stock initially jumped out of the gate as Wall Street applauded better-than-expected results on the top and bottom lines, but the gains didn't stick. By the end of the day on May 3, the stock was down 1%. However, one Wall Street analyst is doubling down on the initial bullish response to the results, upgrading the stock and ...