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SAN FRANCISCO (KRON) — Block, the financial services tech company run by Twitter founder Jack Dorsey, plans to cut around 1,000 jobs in the latest round of layoffs to roil the Bay Area tech industry. In a third-quarter shareholder letter published last Thursday, Dorsey, announced the company would be capping its employee head count at […]
Shares of Block, Inc. (NYSE:SQ – Get Free Report) have earned an average recommendation of “Moderate Buy” from the thirty-one brokerages that are covering the stock, Marketbeat.com reports. Eight equities research analysts have rated the stock with a hold recommendation and twenty-three have issued a buy recommendation on the company. The average 12-month target price […]
The financial services firm Block, formerly known as Square Inc., plans to reduce its workforce over the next 13 months and cut back on corporate spending.
Abrdn plc decreased its holdings in shares of Block, Inc. (NYSE:SQ – Free Report) by 1.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 95,798 shares of the technology company’s stock after selling 1,664 shares during the period. abrdn plc’s holdings in Block were worth […]
Block (NYSE:SQ – Get Free Report) had its price objective decreased by stock analysts at Royal Bank of Canada from $90.00 to $77.00 in a research note issued on Friday, Benzinga reports. The firm currently has an “outperform” rating on the technology company’s stock. Royal Bank of Canada’s target price indicates a potential upside of […]