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INTU / Intuit analysts up target price as risk/reward looks ‘favorable'

Bank of America Securities analysts continue to see favorable risk/reward for shares of Intuit Inc going forward as they viewed the financial software company's fourth-quarter financial results as being generally “healthy” although its full-year 2024 guidance was “mixed”. In a note to clients, they raised their price objective on Intuit to $580 per share from $530, while reiterating their ‘Buy' rating, “to reflect the better small business outlook and potential for upside to derisked consumer tax outlook from here”. Read More

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INTU

Posted: Aug 25 2023, 12:51

Author Name: Proactive Investors

INTU News

By PYMNTS
November 2, 2023

Intuit to Shut Down Mint, Invite Users to Credit Karma

Intuit is shutting down its personal finance website and mobile app Mint and inviting users to migrate to its Credit Karma offering. Mint will no

By PYMNTS
November 1, 2023

Intuit Adds New eCommerce Management Features to QuickBooks Online

Intuit has added new eCommerce management features to its QuickBooks Online accounting software. These innovations aim to help small businesses manag

By Zacks Investment Research
October 17, 2023

Intuit (INTU) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Intuit (INTU) closed at $538.78 in the latest trading session, marking a -0.39% move from the prior day.

By Zacks Investment Research
October 17, 2023

Is Intuit (INTU) Outperforming Other Computer and Technology Stocks This Year?

Here is how Intuit (INTU) and Atlassian (TEAM) have performed compared to their sector so far this year.

By PYMNTS
October 16, 2023

Intuit Launches QuickBooks Bill Pay to Automate AP Process

Intuit, the financial technology platform, has announced the launch of QuickBooks Bill Pay, which aims to transform bill pay for businesses while deli

By Zacks Investment Research
October 11, 2023

Intuit (INTU) Rises Yet Lags Behind Market: Some Facts Worth Knowing

Intuit (INTU) reachead $541.58 at the closing of the latest trading day, reflecting a +0.27% change compared to its last close.

By InvestorPlace
October 8, 2023

Q4 Stock Predictions: 3 Tech Stocks Ready to Roar Into 2024

After an earnings slump in 2023, analysts expect technology stocks to see earnings growth in 2024. That's why the sector is a hunting ground for top s

By Zacks Investment Research
September 29, 2023

Intuit (INTU) Hosts Investor Day, Reiterates Q1 & FY24 Outlook

Intuit (INTU) reiterates its first-quarter and full-fiscal 2024 guidance on the Investor Day.

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