Morgan Stanley Raises its Price Target on Block (XYZ)

On May 29, 2026, Morgan Stanley expert James Faucette raised the firm’s terms people connected Block, Inc. (NYSE:XYZ) to $98 from $96 and maintained an Overweight standing connected the shares. Faucette cited Morgan Stanley’s proprietary AlphaWise survey of astir 274 tiny and medium-sized businesses, which showed momentum for Block, Shopify (SHOP), and Stripe.

On May 27, 2026, Truist raised the firm’s terms people connected Block, Inc. (NYSE:XYZ) to $82 from $81 and maintained a Buy standing connected the shares arsenic portion of a broader enactment connected payments names. Truist said absorption was prudent successful mounting guidance and continues to judge Block tin beryllium a bully beat-and-raise communicative passim the year.

On May 26, Magnolia Soap & Bath Co. selected Block’s Square arsenic its unified commerce level for much than 50 locations crossed 17 states, arsenic the marque invests successful scalable infrastructure to enactment franchisees, support marque consistency, and enactment its in-store experience.

Image by MayoFi from Pixabay

Block, Inc. (NYSE:XYZ) builds ecosystems focused connected commerce and fiscal products and services successful the United States and internationally.

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