Piper Sandler Maintains Overweight on Intuit, Lowers Price Target to $497
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Arvind Ramnani maintains an Overweight rating on Intuit (NASDAQ:INTU) but lowers the price target from $510 to $497.
May 24, 2023 | 8:10 am
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Piper Sandler analyst maintains Overweight rating on Intuit, lowers price target from $510 to $497.
The news of Piper Sandler maintaining an Overweight rating on Intuit but lowering the price target may have a neutral short-term impact on the stock price. While the Overweight rating indicates a positive outlook, the reduced price target may cause some investors to reevaluate their positions. However, the overall sentiment remains positive, and the impact is likely to be limited.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100