Intuit shares are trading higher after several analysts raised their price targets on the stock following the company's Q4 earnings report.
Portfolio Pulse from Benzinga Newsdesk
Intuit's stock is trading higher after several analysts raised their price targets following the company's Q4 earnings report.
August 25, 2023 | 2:08 pm
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POSITIVE IMPACT
Intuit's stock price is likely to increase in the short term due to raised price targets by analysts following a positive Q4 earnings report.
Analysts raising their price targets typically indicates a positive outlook for the company's stock. This, combined with a strong Q4 earnings report, is likely to drive up Intuit's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100