HomeTechVehicles & TransportationCash App Pay Is A Powerful Growth Driver For Block (SQ)

Cash App Pay Is A Powerful Growth Driver For Block (SQ)

Block’s (SQ) Cash App pay is one of the company’s most powerful future growth drivers, notes a Barclays analyst. Barclays forecasts 9%-14% and 4%-7% impact to 2025 Cash App and total company gross profit. SQ’s price target was raised to $100 at Barclays. Jenny Horne and Rick Ducat discuss SQ after this price target hike. Ducat then goes over some technical trends that investors should be watching in the charts. Tune in to find out more about the stock market today.

Morning Trade Live

05 Dec 2023

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