Block shares drop as spending slowdown puts BNPL expansion in focus

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Block Inc. (XYZ) PT Lowered to $86 at Mizuho

February 24, 2025 5:24 AM EST

Mizuho analyst Dan Dolev` lowered the price target on Block Inc. (NYSE: XYZ) to $86.00 (from $110.00) while maintaining a Outperform rating.

The analyst comments "XYZ traded down 16% on Friday relative to the SPX. What were investors most concerned about? Two things come... More