Assessing Intuit: Insights From 12 Financial Analysts
Portfolio Pulse from Benzinga Insights
Financial analysts have provided varying ratings for Intuit (NASDAQ:INTU) over the last quarter, with an average 12-month price target of $623.58, reflecting an 11.35% increase from the previous target. Recent actions by analysts mostly involve raising price targets and maintaining positive ratings. Intuit's financial performance shows a 14.67% revenue growth rate but below-average net margin, ROE, and ROA. The company has a lower debt-to-equity ratio compared to industry norms.
January 25, 2024 | 6:01 pm
News sentiment analysis
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POSITIVE IMPACT
Analysts have a positive outlook on Intuit with an average price target of $623.58, indicating potential stock appreciation. Financial performance shows growth but with profitability concerns.
The positive sentiment from analysts, reflected in raised price targets and predominantly bullish ratings, suggests a short-term positive impact on INTU's stock price. However, the concerns about profitability and efficiency metrics may temper the impact, hence the score is not at the maximum.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100