HomeTechTechnologyMedium-Term 'Bullishness' on Block, 'No Man's Land' for Bitcoin Holding

Medium-Term 'Bullishness' on Block, 'No Man's Land' for Bitcoin Holding

Dan Dolev says the market is always expecting more from Block (XYZ). He has an outperform rating and a $110 price target, and says the company's Square business will be key to its growth outlook. In terms of the Cash App segment, he sees "more and more people actually banking" with the Cash App. Then, Dan looks at the company's crypto exposure and shares details about its bitcoin-mining chip plans. Dan joins Diane King Hall for an in-depth breakdown of XYZ 4Q earnings.

Morning Movers

21 Feb 2025

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