Oppenheimer raised the firm’s price target on Intuit (INTU) to $722 from $712 and keeps an Outperform rating on the shares. Intuit’s Q1 results exceeded consensus estimates and guidance, and the company guided Q2 adjusted EPS below consensus on a pull-forward of marketing expenses, the analyst tells investors in a research note.
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Read More on INTU:
- Stifel lowers Intuit price target to $725, would be buyer on weakness
- Intuit price target raised to $730 from $685 at Morgan Stanley
- Intuit price target lowered to $765 from $768 at Piper Sandler
- Intuit price target raised to $800 from $790 at Jefferies
- Intuit price target raised to $640 from $600 at JPMorgan