Block (NYSE:SQ) shares advanced 5.3% in Friday midday trading after Raymond James analyst John Davis raised his rating recommendation on the stock to Outperform from Market Perform on the basis of a potential acceleration in Seller gross payment volume growth.

Block (NYSE:SQ) stock is advancing 5% after investment bank Raymond James upgraded its rating on the shares to Outperform from Market Perform in a note to investors earlier today. Block is a leading player in the fintech space.

Matt Orton, Chief Market Strategist at Raymond James Investment highlighted several internal issues in China that hinder its economic recovery, including significant domestic challenges that the government must address before considering broader geopolitical actions,

Fintel reports that on January 3, 2025, Raymond James downgraded their outlook for Vertex (NasdaqGM:VERX) from Outperform to Market Perform. Analyst Price Forecast Suggests 8.59% Upside As of December 23,