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Fly News Breaks for February 25, 2020
INTU
Feb 25, 2020 | 08:53 EDT
KeyBanc analyst Josh Beck notes that Intuit beat with "notable" strength in QBO accounting and international. The analyst sees a "compelling" long-term vision to expand Credit Karma into a comprehensive FinApp spanning core, growth, and emerging verticals that could ultimately improve engagement and monetization. Beck maintains an Overweight rating and $320 price target on the shares and sees Credit Karma as "a new, compelling multiyear opportunity" in addition to international and VAS.
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