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Fly News Breaks for August 23, 2019
Aug 23, 2019 | 07:15 EDT
Oppenheimer analyst Scott Schneeberger raised his price target for Intuit to $289 from $269 and maintained an Outperform rating following the company's Q4 results. In a research note to investors, the analyst says he views FY20 guidance as "strong," yet achievable.
News For INTU From the Last 2 Days
Oct 22, 2019 | 07:17 EDT
Evercore ISI analyst Kirk Materne downgraded Intuit to In Line from Outperform as he believes the current valuation better reflects Intuit's "platform" opportunity with both TurboTax Live and QuickBooks Live. However, he remains bullish on Inuit's tax opportunity as the company continues to take share, Materne noted.