Oppenheimer Maintains Outperform on Intuit, Raises Price Target to $610
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Scott Schneeberger has maintained an Outperform rating on Intuit (NASDAQ:INTU) and increased the price target from $530 to $610, indicating a positive outlook on the company's stock performance.
November 29, 2023 | 12:51 pm
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Oppenheimer analyst Scott Schneeberger maintains a bullish Outperform rating on Intuit and raises the price target from $530 to $610, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Scott Schneeberger typically signals a strong conviction in the company's growth prospects and financial health. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100