Wells Fargo Maintains Overweight on Intuit, Raises Price Target to $615
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin has maintained an Overweight rating on Intuit (NASDAQ:INTU) and increased the price target from $575 to $615.
November 29, 2023 | 12:25 pm
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POSITIVE IMPACT
Wells Fargo analyst Michael Turrin reaffirmed an Overweight rating on Intuit and raised the price target to $615, indicating a positive outlook.
The increase in price target by a reputable analyst like Michael Turrin suggests a strong confidence in Intuit's future performance. This is likely to be viewed positively by investors and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100