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Fly News Breaks for August 11, 2015
INTU
Aug 11, 2015 | 07:24 EDT
As noted earlier, RBC Capital downgraded Intuit to Sector Perform from Outperform. The firm has less conviction in the company's ability to generate better than expected revenue in fiscal 2016 and fiscal 2017, as its survey indicates that QuickBooks demand will not jump significantly. Target to $115 from $120.
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