"The tech world is doing things that fit today’s work environment," said John Hayashi, a managing director in tax at San Francisco accounting firm BPM. Read More...
Benzinga
Here’s Why Block Is Set To Win As Per Credit Suisse
Credit Suisse analyst Timothy Chiodo reiterated an Outperform on Block, Inc (NYSE: SQ). Due to higher interest rates, Chiodo cut the price target to $170 from $180. He saw two dominant business models that will “win” over the coming decade within payment acceptance. The models will either: 1) be the software platform (and monetize via SaaS, payments, embedded finance, and commerce-enablement services) such as Square; or 2) be a preferred partner in embedding and powering additional ecosystem- an
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