HomeInvestingOptionsBlock (SQ) Gets Downgraded, Can’t Match Up To PayPal (PYPL)
Block (SQ) Gets Downgraded, Can’t Match Up To PayPal (PYPL)

Block (SQ) was downgraded by a Mizuho analyst from buy to neutral. Alex Coffey and Jenny Horne discuss SQ as it has been struggling. Mizuho also cut SQ’s price target to $57 from $125. They talk about how SQ cannot rival PayPal (PYPL) any longer. Additionally, SQ lost a lot of innovation and value. They then compare the rise and fall of SQ and compare it to bitcoin (/BTC), noting that the charts are similar. Alex then demonstrates an example trade using SQ. Tune in to find out more about the stock market today.

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