BofA analyst Mihir Bhatia lowered the firm’s price target on Block (XYZ) to $86 from $88 and keeps a Buy rating on the shares after adjusting estimates among the firm’s consumer finance coverage following pre-quiet period IR catchups.
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Read More on XYZ:
- Cathie Wood Cuts Exposure to Tesla and SOFI Stocks, Doubles Down on Robinhood and Block (XYZ)
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- Moderately bullish activity in Block Inc with shares up 0.49%
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- Mixed options sentiment in Block Inc with shares up 0.69%