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Fly News Breaks for February 22, 2019
INTU
Feb 22, 2019 | 07:09 EDT
Oppenheimer analyst Scott Schneeberger reiterated an Outperform rating on Intuit and raised his price target to $254 from $239 following "strong" Q2 results, citing Intuit's "enviable" growth and relatively defensive profile. In a research note to investors, Schneeberger says that despite meaningful outperformance in the first two quarters of the year and Q3 guidance encompassing expectations, he is conservatively maintaining his FY19E adjusted EPS of $6.48.
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