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Block downgraded to Neutral at Mizuho amid user fatigue, BNPL slowdown

Sep. 22, 2022 9:05 AM ETBlock, Inc. (SQ) StockAFRMBy: Liz Kiesche, SA News Editor4 Comments

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Block (NYSE:SQ) stock has weakened 1.2% in Thursday premarket trading after Mizuho analyst Dan Dolev downgraded the fintech to Neutral from Buy as he sees several factors, including "Buy Now Pay Later" mis-execution, hindering the company's growth.

"SQ still

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