Barclays lowered the firm’s price target on Block (XYZ) to $97 from $112 and keeps an Overweight rating on the shares. The firm updated the company’s model post the earnings report.
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Read More on XYZ:
- Block Inc. Reports Strong Growth Amid Challenges
- Morning Movers: Bluebird Bio shares tumble following take-private deal
- Block price target lowered to $103 from $115 at Raymond James
- Positive Long-term Growth Prospects for Block: Buy Rating Affirmed by Analyst Mayank Tandon
- Block price target lowered to $97 from $98 at UBS