Block (SQ) 30-day option implied volatility at 67 into Hindenburg Research short report.
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Mizuho Defending Block Inc. (SQ)
March 23, 2023 10:22 AM EDTMizuho Securities analyst Dan Dolev reiterated a Buy rating and $93.00 price target on Block Inc. (NYSE: SQ)
The analyst comments "Hindenburg Research argues that SQ has systematically taken advantage of the demographics it claims to be helping, overstating accounts and misleading transacting active... More
Baird Defends Block Inc. (SQ): 'We believe SQ helps many underbanked acceptably/helpfully access the financial markets'
March 23, 2023 9:22 AM EDTBaird analyst David Koning reiterated an Outperform rating and $92.00 price target on Block Inc. (NYSE: SQ).
The analyst comments "A short report is significantly weighing on the stock today in pre-market trading. The report implies that SQ's CashApp is reasonably easy (or relatively... More
