Wells Fargo analyst Andrew Bauch downgraded Block (XYZ) to Equal Weight from Overweight with a price target of $50, down from $95.
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Read More on XYZ:
- Block price target lowered to $80 from $100 at Canaccord
- Block’s Strategic Resilience and Growth Potential Amidst Economic Challenges: A Buy Recommendation by Mayank Tandon
- Block price target lowered to $70 from $80 at Keefe Bruyette
- Block downgraded to Hold from Buy at Benchmark
- Buy Rating for Block: Undervaluation, Strategic Initiatives, and Long-term Growth Prospects