Keefe Bruyette analyst Vasundhara Govil raised the firm’s price target on Block (SQ) to $105 from $80 and keeps a Market Perform rating on the shares. The firm adjusted ratings and price targets in the financial technology group as part of its 2025 outlook.
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Read More on SQ:
- Block price target raised to $115 from $96 at BofA
- Block price target raised to $110 from $90 at BTIG
- Holiday season off to ‘healthy start’ with strong Black Friday-Cyber Monday
- Square call volume above normal and directionally bullish
- Block consumer transactions totaled 144M for Black Friday, Cyber Monday weekend
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