Published on 11 Feb 2022 on Market Watch
Block stock is 'quite undervalued' after large selloff for Square parent company, analyst says in...
Investors don’t seem to be giving Block Inc. enough credit for its Cash App mobile wallet, especially in light of how they view other payment-technology companies.
That’s the view of Bank of America analyst Jason Kupferberg, who upgraded shares of the Square parent company to buy from neutral in a Friday note to clients. The stock is up about 7% in Friday trading.