Morgan Stanley raised the firm’s price target on Block (XYZ) to $96 from $93 and keeps an Overweight rating on the shares. Block is “becoming the business it should be” with pieces in place for a powerful addressable market expansion and profitability story, says the analyst, who is raising estimates after earnings.
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Read More on XYZ:
- Block price target raised to $95 from $86 at Goldman Sachs
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