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Morgan Stanley Maintains a Buy on Block (XYZ)
Yahoo Finance· 2026-03-18 11:42
Block, Inc. (NYSE:XYZ) is one of the Cheap Stocks to Buy for High Returns in 2026. On March 5, Morgan Stanley reiterated an Overweight rating on the stock with a $93 price target. Analysts at Morgan Stanley noted that the CEO of the company has emphasized on the role of AI in simplifying operations, speeding up product development, and boosting internal efficiency. The firm noted that this aligns with their view that AI improvements combined with faster growth and larger total addressable market lead to ...