BMO Capital Maintains Outperform on Intuit, Raises Price Target to $640
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Daniel Jester has maintained an Outperform rating on Intuit (NASDAQ:INTU) and increased the price target from $605 to $640, indicating a positive outlook on the company's stock performance.
November 29, 2023 | 1:52 pm
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POSITIVE IMPACT
BMO Capital analyst reaffirms an Outperform rating on Intuit and raises the price target to $640, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's prospects and can positively influence investor sentiment, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100