Goldman Sachs Maintains Sell on H&R Block, Raises Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst George Kelly has maintained a Sell rating on H&R Block (NYSE:HRB) but raised the price target from $34 to $38.

February 07, 2024 | 1:30 pm
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Goldman Sachs maintains a Sell rating on H&R Block but increases the price target from $34 to $38.
The maintenance of a Sell rating indicates a negative outlook on the stock by Goldman Sachs, despite the increase in price target. This could suggest that while the analyst sees some positive aspects or improvements in the company's performance or valuation metrics, the overall stance remains bearish. The increase in price target might reflect adjustments in market conditions or company performance metrics, but not enough to change the overall negative sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100