Stifel Maintains Buy on Intuit, Raises Price Target to $600
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback has maintained a Buy rating on Intuit (NASDAQ:INTU) and increased the price target from $550 to $600.
November 29, 2023 | 4:42 pm
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Stifel analyst Brad Reback maintains a Buy rating on Intuit and raises the price target from $550 to $600, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100