TD Cowen analyst Bryan C. Bergin reiterated a Buy rating and $95.00 price target on Block Inc. (NYSE: XYZ).

The analyst commented: "Meetings Reinforce Progress on Workforce Reset; Investor meetings with XYZ in Europe broadly affirmed the company's messaging exiting 4Q, with incremental detail on internal AI adoption & its 40% workforce reduction, product development plans, and Square competitive positioning. We continue to see a compelling opportunity in XYZ shares & reiterate Buy."

For an analyst ratings summary and ratings history on Block Inc. click here. For more ratings news on Block Inc. click here.

Shares of Block Inc. closed at $59.37 yesterday.