Wells Fargo raised the firm’s price target on Intuit to $525 from $475 and keeps an Overweight rating on the shares. The firm also added the name to its Q2 Tactical Ideas List. Intuit will report EPS in late May and remains polarizing in Wells’ investor discussions. The firm thinks the relative resilience of Intuit’s core segments is underappreciated and notes this is one of a few companies in software with a first half catalyst.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on INTU:
- Intuit price target raised to $475 from $450 at KeyBanc
- Intuit management to meet with Mizuho
- Intuit initiated with a Neutral at UBS
- Intuit initiated with an Outperform at Daiwa
- Intuit (NASDAQ:INTU): The AI Stock for the Gig Economy
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue