Keybanc Maintains Overweight on Intuit, Raises Price Target to $700
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Alex Markgraff has maintained an Overweight rating on Intuit (NASDAQ:INTU) and increased the price target from $670 to $700.
January 25, 2024 | 9:33 am
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Keybanc analyst Alex Markgraff reaffirmed an Overweight rating on Intuit and raised the price target to $700, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Alex Markgraff suggests a strong confidence in Intuit's future performance. This endorsement is likely to instill investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100