Monness Crespi raised the firm’s price target on Block (XYZ) to $95 from $75 and keeps a Buy rating on the shares. The firm, which remains positive on the prospects of Block banking the base at CashApp with BNPL and improved product and go-to-market at Square, slightly tightened its estimates and raised its price target ahead of the company’s quarterly report due on Thursday, August 7.
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