KeyBanc lowered the firm’s price target on Block (XYZ) to $85 from $115 and keeps an Overweight rating on the shares. POS a low priority for SMBs in 2025 and 2026, the firm says. Share of online POS ticked down from prior survey, while in-store POS share maintained. Improvement in CRM category now represented as standalone leader, KeyBanc adds, saying that revenue growth step down could be a potential headwind.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XYZ:
- 3 Best Stocks to Buy Now, 3/18/2025, According to Top Analysts
- Block upgraded to Outperform from Market Perform at Keefe Bruyette
- Buy Now, Pay Later Firm Klarna (KLAR) Files to Hold $1 Billion U.S. IPO
- Block price target lowered to $90 from $108 at Citi
- Block poised to grow gross profit by 15% over next two years, says BTIG
Questions or Comments about the article? Write to editor@tipranks.com