Barrington analyst Alexander Paris raised the firm’s price target on H&R Block to $48 from $44 and keeps an Outperform rating on the shares. The company’s fiscal Q1 report topped estimates and it reaffirmed fiscal 2024 guidance, the analyst tells investors in a research note. The analyst cites H&R Block’s “secure” dividend yielding 3.1% and “aggressive” share repurchase program for the firm’s Outperform rating.
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