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 ...

Block, Inc. (XYZ) shares are trading higher on Thursday.Yesterday, the company provided guidance at its Investor Day event. • XYZ is gathering positive momentum. Check the market position here.The company also announced a $5 billion increase to its stock repurchase program.JPMorgan analyst Tien-tsin Huang reiterated the Overweight rating on the stock.Huang says Block’s latest Investor Day offered a more confident and disciplined outlook for the company’s next phase.Also Read: IonQ’s Big Market Potential Is ...