{"id":218401,"date":"2026-02-28T07:13:00","date_gmt":"2026-02-28T12:13:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/02\/28\/block-xyz-new-buy-recommendation-for-this-technology-giant\/"},"modified":"2026-02-28T07:13:00","modified_gmt":"2026-02-28T12:13:00","slug":"block-xyz-new-buy-recommendation-for-this-technology-giant","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/02\/28\/block-xyz-new-buy-recommendation-for-this-technology-giant\/","title":{"rendered":"Block (XYZ): New Buy Recommendation for This Technology Giant"},"content":{"rendered":"

Block (XYZ): New Buy Recommendation for This Technology Giant<\/a><\/p>\n

https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/XYZ-N\/pressreleases\/486681\/block-xyz-new-buy-recommendation-for-this-technology-giant\/<\/a><\/p>\n

Publish Date: 2026-02-28 07:13:00<\/a><\/p>\n

Source Domain: www.theglobeandmail.com<\/a><\/p>\n

In a report released yesterday, Vasundhara Govil from KBW maintained a Buy rating on Block, with a price target of $85.00<\/span>. The company\u2019s shares closed yesterday at $54.53.<\/p>\n

Claim 50% Off TipRanks Premium<\/h3>\n

According to TipRanks, Govil is an analyst with an average return of -11.7%<\/span> and a 34.38% success rate. Govil covers the Technology sector, focusing on stocks such as Euronet Worldwide, Fidelity National Info, and Block.<\/p>\n

Currently, the analyst consensus on Block is a Strong Buy with an average price target of $86.23, which is a 58.13% upside from current levels. In a report released today, Needham also reiterated a Buy rating on the stock with a $90.00 price target.<\/p>\n

See the top stocks recommended by analysts >><\/strong><\/p>\n

Based on Block\u2019s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.11 billion and a net profit of $461.54 million. In comparison, last year the company earned a revenue of $5.98 billion and had a net profit of $283.75 million<\/p>\n

Based on the recent corporate insider activity of 118 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of XYZ in relation to earlier this year. Last month, Owen Britton Jennings, the Business Lead of XYZ sold 822.00 shares for a total of $52,591.56.<\/p>\n

Read More on XYZ:<\/strong><\/span><\/p>\n

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Block (XYZ): New Buy Recommendation for This Technology Giant https:\/\/www.theglobeandmail.com\/investing\/markets\/stocks\/XYZ-N\/pressreleases\/486681\/block-xyz-new-buy-recommendation-for-this-technology-giant\/ Publish Date: 2026-02-28 07:13:00 Source…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-218401","post","type-post","status-publish","format-standard","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/218401"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=218401"}],"version-history":[{"count":0,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/218401\/revisions"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=218401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=218401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=218401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}