H&R Block price target lowered to $62 from $70 at Barrington

Barrington analyst Alexander Paris lowered the firm’s price target on H&R Block to $62 from $70 and keeps an Outperform rating on the shares after Q4 results came in “generally below expectations” and initial guidance for FY26 was “mixed.” The firm, which notes that its revised target represents about 20% upside from current levels, cites the stock’s current valuation, an increased dividend yielding 3.3% and an “aggressive share repurchase program” among the reasons for its Outperform rating.