Barclays Maintains Overweight on Intuit, Raises Price Target to $660
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Overweight rating on Intuit (NASDAQ:INTU) and increased the price target from $570 to $660.
November 29, 2023 | 10:43 am
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Barclays analyst Raimo Lenschow reaffirmed an Overweight rating on Intuit and raised the price target to $660, indicating a positive outlook on the stock.
The increase in price target by a prominent analyst suggests a bullish view on Intuit's future performance, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100