Block, Inc. (NYSE: XYZ) is among the 13 Best Quality Stocks to Buy, supported by hedge fund interest and a significant profit margin. Canaccord Genuity reaffirmed its Buy rating on Block, Inc. (XYZ) with a $80 price target following the company’s revised full-year forecast showing increased profit acceleration in the second half of 2025. Block, Inc. (XYZ) anticipates a 16% year-over-year increase in gross profit for the third quarter due to credit losses associated with its Borrow product. Regulatory documents revealed that Ecosystem Lead Brian Grassadonia sold 9,760 shares for almost $744,000. Block, Inc. (XYZ) and its subsidiaries create financial services and commerce ecosystems in the US and abroad.

Read more at Yahoo Finance: Canaccord Genuity Reaffirms Its Buy Rating on Block, Inc. (XYZ) with $80 PT