Citi Lowers Block (XYZ) PT to $85 While Maintaining Buy Rating

Block Inc. (NYSE:XYZ) is one of the best stocks under $50 to invest in. On February 5, Citi analyst Bryan Keane lowered the firm’s price target on Block to $85 from $105 while keeping a Buy rating. The firm reset the target ahead of the company’s Q4 2025 report, though Citi still expects Block to achieve its 19% gross profit growth estimate. On January 27, Cantor Fitzgerald initiated coverage of Block with an Overweight rating and an $87 price target and noted that the company’s turnaround is gaining mom ...