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Fly News Breaks for August 26, 2015
HRB
Aug 26, 2015 | 07:59 EDT
Oppenheimer increased its price target on H&R Block as the firm thinks that the company's "highly recurring U.S.-centric business" and its 2.5% dividend yield makes it "relatively compelling." The firm adds that the company's expected return of capital and capital restructuring in the wake of the closing of its Bofi Holdings deal provide "intriguing potential catalysts." Oppenheimer keeps an Outperform rating on the shares.
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