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Fly News Breaks for April 26, 2016
HRB
Apr 26, 2016 | 07:55 EDT
Oppenheimer analyst Scott Schneeberger lowered his price target for H&R Block to $29 from $35 anticipating some level of "claw-back" of volumes by year-end, as it's delivered in recent years, after a significant early season decline. The analyst expects the company to be relatively catalyst-free until its June 2016 results/next tax season. Schneeberger reiterates an Outperform rating on the shares.
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