Block outlook tops earnings estimates, boosting shares 12%

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Go back to Block outlook tops earnings estimates, boosting shares 12%

Block Inc. (SQ) PT Raised to $86 at Citi

February 23, 2024 6:46 AM EST

Citi analyst Peter Christiansen raised the price target on Block Inc. (NYSE: SQ) to $86.00 (from $76.00) while maintaining a Buy rating.

The analyst comments "Theres a lot to like about Blocks 4Q, namely (i) speedy restructuring execution resulting in a 25% EBITDA beat and 10%... More