Mizuho Reiterates Buy on Intuit, Maintains $550 Price Target
Portfolio Pulse from richadhand@benzinga.com
Mizuho analyst Siti Panigrahi has reiterated a 'Buy' rating on Intuit (NASDAQ:INTU) and maintained a price target of $550.
August 23, 2023 | 2:26 pm
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Mizuho analyst Siti Panigrahi has reiterated a 'Buy' rating on Intuit, maintaining a price target of $550. This could potentially boost investor confidence in the stock.
Analyst ratings often influence investor sentiment. A reiterated 'Buy' rating indicates the analyst's continued confidence in the company's performance. Maintaining a high price target also suggests the analyst expects the stock to perform well in the future. This could potentially lead to increased investor confidence and a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100