Morgan Stanley Maintains Overweight on Intuit, Raises Price Target to $570
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss has maintained an Overweight rating on Intuit (NASDAQ:INTU) and increased the price target from $525 to $570.
November 29, 2023 | 3:26 pm
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POSITIVE IMPACT
Morgan Stanley's analyst has reaffirmed an Overweight rating on Intuit and raised the price target to $570, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Morgan Stanley suggests a strong conviction in Intuit's future performance, which could positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100