Needham Reiterates Buy on Block (XYZ) With $80 Price Target After Investor Day

Block Inc. (NYSE:XYZ) is one of the AI Stocks on the Market’s Radar. On November 24, Needham reiterated a Buy rating on the stock with a price target of $80.00 following their attendance at Block’s investor day in San Francisco. Firm analysts are supportive of the stock based on Block’s growth strategy, AI roadmap, and capital return plans. Needham highlighted several key takeaways from the investor day, coming away with better clarity on Block’s growth strategy and GTM strategy. The standout insights hav ...