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Fly News Breaks for August 28, 2017
INTU, HRB
Aug 28, 2017 | 09:22 EDT
Noting that Intuit (INTU) CEO Brad Smith recently said the company's SmartLook video chat assistance "is something we're going to lean into aggressively" in 2018, BTIG analyst Mark Palmer predicted that H&R Block's (HRB) interim CEO and CFO are likely to receive questions on the company's earnings call tomorrow about Intuit's intention to ramp up its efforts to pull more customers toward its do-it-yourself product. The analyst, who sees H&R Block facing a more challenging 2018, has a Sell rating and $19 price target on the shares.