Compass Point upgrades H&R Block (HRB) to Buy and boosts its price target on shares by $3 to...

|By:, SA News Editor

Compass Point upgrades H&R Block (HRB) to Buy and boosts its price target on shares by $3 to take it to $20. Analysts see a slight increase in revenue during the FY12 tax season being just enough to spur the company to become more aggressive with its balance sheet and fire up stock buybacks of up to 20% of outstanding shares.