Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
TipRanks 2022-10-21 11:01:54

Block (NYSE:SQ) Stock: Analysts Cut Price Target Ahead of Q3 Print

Jack Dorsey’s Block Inc. (NYSE:SQ) has received a series of price target cuts from analysts owing to the growing concerns regarding the economic downturn. Block offers a multitude of services related to payment processing, cryptocurrency, music, and an easy-to-access Bitcoin (BTC-USD) mining and blockchain technology platform.   Recently, a series of Wall Street analysts have lowered the price targets for SQ stock as they are concerned about a potential worsening of the economic slowdown. Here’s What Analysts Predict for Block Ahead of Block’s Q3 print, Jefferies analyst Trevor Williams slashed the price target to $70 (26.9% upside potential) from $105 while maintaining a Buy rating.

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