H&R Block (HRB) Tops Q4 EPS by 3c

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Credit Suisse Downgrades H&R Block (HRB) to Neutral

June 10, 2015 6:59 AM EDT

Credit Suisse downgraded H&R Block (NYSE: HRB) from Outperform to Neutral with a price target of $35.00 (from $37.00) following Q4 results.

Analyst A. Singh cited: 1) our view that the capital return opportunity is now embedded in stock; 2) lower conviction on the timing and... More