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.
Next Gen Investing
22 Sep 2022
SHARE
Fast Market
15 Sep 2023
Morning Trade Live
13 Jul 2023
Trading 360
07 Aug 2023
Trading 360
03 Aug 2023
Next Gen Investing
12 Jul 2023
Morning Trade Live
06 Sep 2023