Block Inc. Outlook Brightens with Bernstein’s Positive Assessment

Block Receives Positive Assessment from Bernstein as EBITDA Projections Increase

Block Inc. received a positive assessment from Bernstein on Tuesday, as the research firm maintained its Outperform rating on the stock with a steady price target of $85.00. Bernstein’s analysis highlights Block’s significant revision in EBITDA expectations and operational expenditure discipline, which have led to a 30% increase in EBITDA projections since the last earnings report.