KBW downgraded Block stock on Monday: find out why

KBW analyst now rates Block stock at market perform.
Steven Kwok still sees upside in “SQ” to $75 a share.
Block shares are currently down over 25% year-to-date.Shares of Block Inc (NYSE: SQ) are trading down this morning after a KBW analyst downgraded the crypto company citing several “small risks”.
Block Stock could still climb to $75
Steven Kwok now rates the San Francisco-headquartered firm behind Cash App at “market perform”. His lowered price target of