Monday, September 26, 2022

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Here’s Why Mizuho Is Bullish On Square Despite Apple’s Latest Move

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Mizuho analyst Dan Dolev reiterated a Buy rating on Block Inc (NYSE: SQ)
with a $210 (105% upside) price target after Apple Inc (NASDAQ: AAPL)
introduced Tap to Pay on the iPhone. The analyst views Apple’s near-field
communication move as potentially more long-term benefits for Block. Tap
To Pay could further proliferate Block’s two-sided commerce ecosystem on
a broader and more global basis, Dolev notes. Related Content: Apple
Fires Up Square Rivalry With Latest Feature He sees potential for Ap

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