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Fly News Breaks for February 22, 2019
INTU
Feb 22, 2019 | 07:25 EDT
Credit Suisse analyst Brad Zelnick reiterated an Outperform rating on Intuit and raised his price target to $260 from $255 following the company's above-expectations Q2 results. In a research note to investors, Zelnick says Q2 ARPU growth and management's commentary on TurboTax Live traction and trade-down reinforces his positive outlook on tax this season.
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