Why Block Stock Is Tumbling Today
Shares of Block (NYSE: SQ), the financial technology (fintech) company, were sliding this morning after an analyst lowered his price target for the stock.
The fintech stock was down by as much as 3.9% as of 10:34 a.m. ET.
Susquehanna analyst James Friedman lowered Block's price target today to $160, down from his previous price target of $240, and kept a positive rating on the company's shares, according to TheFly.com.
Source Fool.com
