The average Square price target of $305.57 implies 57.1% upside potential to current levels. Shares have lost 3.7% over the past year. ... Square Renamed to Block, Paving Way for Future Growth.

Twitter founder Jack Dorsey’s new company, Block, is leading the charge to establish technology for the Bitcoin network that builds on both the company’s mission statement and Bitcoin’s founding ...

The company’s ticker symbol on the New York Stock Exchange will remain “SQ” for now, it said, though its legal name will change from “Square, Inc.” to “Block, Inc.” around December 10.

Alyssa Henry, the CEO of Square – a unit of Jack Dorsey’s fintech company, Block – will leave her post at the company next month.