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Home.forex news reportKeefe Bruyette Lowers Firm’s PT on Block (XYZ) Stock

Keefe Bruyette Lowers Firm’s PT on Block (XYZ) Stock

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Block, Inc. (NYSE:XYZ) is one of the Best Fundamental Stocks to Buy According to Analysts. On January 2, Keefe Bruyette reduced the firm’s price target on Block, Inc. (NYSE:XYZ)’s stock to $85 from $90, while keeping an “Outperform” rating, as reported by The Fly. Notably, the firm adjusted its price targets in the broader consumer finance and payments groups.

Keefe Bruyette Lowers Firm’s PT on Block (XYZ) Stock
Keefe Bruyette Lowers Firm’s PT on Block (XYZ) Stock

In a different update, Citi analyst Bryan Keane reiterated the “Buy” ratings on Affirm, Klarna, and Block, Inc. (NYSE:XYZ). The firm is bullish on buy now pay later in 2026. Citi opines that BNPL happens to be an increasingly embedded payment and budgeting tool throughout both online as well as offline commerce. The company expects that the broader sector is well-positioned for strong share gains.

Elsewhere, Block, Inc. (NYSE:XYZ) announced that it expanded its partnership with Thrive. This expansion gives sellers a seamless way to manage catalogs, sales, as well as stock between their in-store and e-commerce platforms, which include Shopify.

Block, Inc. (NYSE:XYZ) builds ecosystems focused on commerce and financial products and services.

While we acknowledge the potential of XYZ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

Disclosure: None. This article is originally published at Insider Monkey.



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