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Analysts Offer Insights on Technology Companies: Block (SQ) and Pinterest (PINS)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Block (SQResearch Report) and Pinterest (PINSResearch Report).

Block (SQ)

In a report issued on March 10, David Koning from Robert W. Baird maintained a Hold rating on Block, with a price target of $128.00. The company’s shares closed last Friday at $101.93, close to its 52-week low of $82.72.

According to TipRanks.com, Koning is a 5-star analyst with an average return of 9.4% and a 63.6% success rate. Koning covers the Technology sector, focusing on stocks such as TELUS International (CDA), Jack Henry & Associates, and Fidelity National Info.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Block with a $187.29 average price target, representing a 70.4% upside. In a report issued on March 1, JMP Securities also maintained a Hold rating on the stock.

See Insiders’ Hot Stocks on TipRanks >>

Pinterest (PINS)

In a report issued on March 10, Colin Sebastian from Robert W. Baird maintained a Buy rating on Pinterest, with a price target of $45.00. The company’s shares closed last Friday at $23.08, close to its 52-week low of $22.31.

According to TipRanks.com, Sebastian is a 5-star analyst with an average return of 15.5% and a 54.1% success rate. Sebastian covers the Technology sector, focusing on stocks such as Alphabet Class A, Alphabet Class C, and Playtika Holding.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pinterest with a $39.64 average price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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