H&R Block's Stock Plummets After Bad Commentary From Competitor And Weak Channel Checks

Right now, H&R Block (HRB) is watching its stock plummet after Oppenheimer downgraded it to “Perform” from “Outperform.” Shares are currently at $20.18 a share, down 4.5% or $0.94.

The firm downgraded the company based partly on “uninspiring” channel checks and disappointing commentary from Inuit (INTU). The firm removed its target on H&R Block, according to The Fly On The Wall.

HRB Feb22nd

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