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Fly News Breaks for February 25, 2020
INTU
Feb 25, 2020 | 07:42 EDT
Credit Suisse analyst Brad Zelnick raised his price target for Intuit to $310 from $300 saying the company struck a "transformative $7.1B deal" with Credit Karma in what he views as a shrewd offensive and defensive move. The analyst notes that Intuit also beat Q2 and reiterated fiscal year 2020 - with early positive signs on Tax. He has an Outperform rating on the shares.
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