New Street Research Initiates Coverage of Block, Inc. - Depositary Receipt () (BSQKZ) with Neutral Recommendation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 10 2024
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Source: NASDAQ.COM
New Coverage Initiated: New Street Research has started coverage of Block, Inc. - Depositary Receipt with a Neutral recommendation, projecting a 58.51% upside based on an average one-year price target of $87.23/share.
Institutional Holdings Update: Institutional ownership in Block, Inc. has increased by 6.84% over the last three months, with notable changes in portfolio allocations among various funds, including EQ Advisors Trust and SPDR ETFs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
