Piper Sandler raised the firm’s price target on Block (XYZ) to $58 from $50 and keeps an Underweight rating on the shares. Despite a penny EPS miss vs. consensus, Block shares are trading up more than 5% after hours after the company’s increased FY25 guidance, the firm notes.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XYZ:
- Block price target raised to $95 from $80 at Keefe Bruyette
- Block Inc. Reports Strong Q2 2025 Financial Growth
- Block’s Strong Financial Performance and Growth Potential Drive Buy Rating
- Block Inc.: Strong Digital Finance Offerings and Strategic Growth Drive Buy Rating
- Closing Bell Movers: Expedia, TripAdvisor jump on Q2 earnings beats