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Fly News Breaks for December 28, 2016
INTU
Dec 28, 2016 | 07:07 EDT
Brean Capital analyst Yun Kim believes Intuit's QuickBooks user base is set to show acceleration, which bodes well for its overall monetization opportunity. The analyst said he remains comfortable with the company's underlying fundamental trends and believes its free cash flow is undervalued. Kim reiterated his Buy rating and $135 price target on Intuit shares.
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