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Fly News Breaks for August 30, 2019
HRB
Aug 30, 2019 | 13:42 EDT
Barrington analyst Alexander Paris Jr. maintained an Outperform rating on H&R Block, but lowered his price target on the shares to $30 from $32. H&R Block reported Q1 EPS and revenue that were better than expected, and reaffirmed its FY20 financial guidance. Additionally, the analyst noted that H&R Block completed its acquisition of Wave HQ, which is expected to contribute $40M-45M of revenue in FY20.
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