07:40 EDT Block (XYZ) sinks 20% to $46.80 after Q1 report, analyst downgrades
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Read More on XYZ:
- Wells downgrades Block on ‘heavily back half weighted’ outlook
- Block downgraded to Equal Weight from Overweight at Wells Fargo
- 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