Reported 23 days ago
Jefferies has raised the price target for Block, Inc. (NYSE:XYZ) from $70 to $75 while retaining a Buy rating, following analysis of the company's recent job listings and growth trends. The increase in job openings, particularly in sales, signals Block's strategy to expand its market presence. Despite a reduction in engineering roles after a workforce cut, Block continues to make strides in the enterprise sector, including participation in industry events.
Source: YAHOO