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Block price target lowered to $90 from $95 at Keefe Bruyette

Keefe Bruyette analyst Vasundhara Govil lowered the firm’s price target on Block (XYZ) to $90 from $95 and keeps an Outperform rating on the shares. Block reported an 8c EPS miss, with upside in gross profit offset by higher operating expenses and higher interest and other income, the analyst tells investors in a research note.

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