Block Inc.'s (NYSE:XYZ) third quarter may not have been as clean as investors hoped, but JPMorgan analyst Tien-tsin Huang isn't losing faith. The analyst called the third quarter results "not as straightforward as hoped, but still solid overall," and reaffirmed his Overweight rating on the stock with a $100 price target, arguing that "the right energy and pieces are in place" for Block to achieve the coveted Rule of 40 by 2026.
- Track XYZ stock here.
