---
title: "New Buy Rating for Block (XYZ), the Technology Giant"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286412361.md"
description: "RBC Capital analyst Daniel Perlin has maintained a Buy rating on Block, setting a price target of $93.00, while the shares closed at $69.78. The analyst has an average return of -9.6% and a 36.02% success rate. The overall analyst consensus for Block is a Strong Buy with an average price target of $88.61, indicating a potential upside of 26.98%. BTIG also reiterated a Buy rating with a $90.00 price target."
datetime: "2026-05-14T11:58:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286412361.md)
  - [en](https://longbridge.com/en/news/286412361.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286412361.md)
---

# New Buy Rating for Block (XYZ), the Technology Giant

RBC Capital analyst Daniel Perlin maintained a Buy rating on Block yesterday and set a price target of $93.00. The company’s shares closed yesterday at $69.78.

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According to TipRanks, Perlin is an analyst with an average return of \-9.6% and a 36.02% success rate. Perlin covers the Technology sector, focusing on stocks such as Block, PicS N.V. Class A, and NCR Voyix.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Block with a $88.61 average price target, which is a 26.98% upside from current levels. In a report released on May 12, BTIG also reiterated a Buy rating on the stock with a $90.00 price target.

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