Intuit price target lowered to $558 from $696 at Oppenheimer
Oppenheimer analyst Scott Schneeberger lowered the firm’s price target on Intuit (INTU) to $558 from $696 and keeps an Outperform rating on the shares. The firm notes Q2 results exceeded its estimates and guidance. Oppenheimer is lowering its price target as Intuit’s stock has endured pressure from perceived AI competitive threats.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INTU:
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.