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Fly News Breaks for August 23, 2017
INTU
Aug 23, 2017 | 07:45 EDT
Credit Suisse analyst Michael Nemeroff raised his price target for Intuit to $155 from $150 after Q4 results beat on all metrics. The analyst believes the investments being made in 2018 should allow the company to continue to drive high-single-digit to low-double-digit revenue growth over time while still delivering faster earnings growth. He reiterates an Outperform rating on the shares.
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