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According to Oppenheimer, H&R Block
HRB Outperform rating is maintained.
Oppenheimer said that it's reiterating its Outperform/$19 price target ahead of key early tax season catalysts. “With 2/15/12 YTD tax metrics/F3Q12 results coming the third week of February/first half of March, respectively, we're anticipating solid storefront volume growth this season following a breakout in this metric last year.”
H&R Block closed yesterday at $16.25.
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