Oppenheimer Upgrades Block, Inc. - Depositary Receipt () (BSQKZ)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 20 2024
0mins
Source: NASDAQ.COM
Analyst Upgrade: Oppenheimer upgraded Block, Inc. - Depositary Receipt's outlook from Perform to Outperform, with a projected average one-year price target of $82.29/share, indicating a potential upside of 49.53% from its current price of $55.03/share.
Institutional Holdings: There has been a 30.39% increase in total shares owned by institutions over the last three months, with several funds reporting increased allocations in Block, Inc., reflecting growing investor confidence.
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.
