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Fly News Breaks for February 25, 2020
Feb 25, 2020 | 08:56 EDT
Guggenheim analyst Ken Wong raised the firm's price target on Intuit shares to $330 from $320, citing his view that the acquisition of Credit Karma will create new consumer finance growth opportunities from tax filing through financial planning. The analyst, who also said the company's unchanged fiscal year guidance "feels conservative" following the company's strong first half, keeps a Buy rating on Intuit, which remains his Best Idea.
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