Why Block Stock Jumped Today
Shares of the financial technology (fintech) company Block (NYSE: SQ) were climbing higher today after an analyst at KeyBanc raised his price target for the company's stock from $175 to $180.
The tech stock is up 7.9% as of 12:02 p.m. ET.
KeyBanc analyst Josh Beck maintained his overweight rating on Block's stock and raised his price target based on the company's position in fintech, the buy-now-pay-later (BNPL) market, and cryptocurrencies.
Source Fool.com
