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A Quick Look at Today's Ratings for Block(SQ.US), With a Forecast Between $83 to $120

Futu News ·  Nov 12 21:00  · Ratings

On Nov 12, major Wall Street analysts update their ratings for $Block (SQ.US)$, with price targets ranging from $83 to $120.

Barclays analyst Ramsey El Assal maintains with a buy rating, and maintains the target price at $100.

BTIG analyst Andrew Harte maintains with a buy rating, and maintains the target price at $90.

Piper Sandler analyst Arvind Ramnani initiates coverage with a buy rating, and sets the target price at $83.

CCORF analyst Joseph Vafi maintains with a buy rating, and adjusts the target price from $95 to $120.

JMP Securities analyst Andrew Boone maintains with a hold rating.

Furthermore, according to the comprehensive report, the opinions of $Block (SQ.US)$'s main analysts recently are as follows:

  • Positive remarks regarding Cash App's performance do not appear to be translating into improved inflow or monetization figures, and there is a belief that Block's progress on credit offerings is less rapid than anticipated, according to an analyst note following earnings results.

Here are the latest investment ratings and price targets for $Block (SQ.US)$ from 6 analysts:

StockTodayLatestRating_nn_211467_20241112_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

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