Block price target lowered to $75 from $115 at Monness Crespi

TipRanks

Wed, Apr 9, 2025, 6:51 AM 1 min read

Monness Crespi expert Gus Gala lowered the firm’s price target connected Block (XYZ) to $75 from $115 and keeps a Buy standing connected the shares. Noting that the banal is trading adjacent the “bottom decile of bequest merchant acquirer takeouts,” the steadfast remains affirmative connected the prospects of banking the basal astatine CashApp with BNPL and improved merchandise and go-to-market astatine Square, the expert tells investors.

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