Oppenheimer Maintains Outperform on Intuit, Raises Price Target to $678
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Scott Schneeberger has maintained an Outperform rating on Intuit (NASDAQ:INTU) and increased the price target from $610 to $678, indicating a positive outlook on the company's stock performance.

January 29, 2024 | 6:45 pm
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Oppenheimer has reaffirmed Intuit's Outperform rating and raised the price target to $678, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst like Scott Schneeberger is a strong positive signal to the market, often leading to increased investor confidence and potential short-term price appreciation. As the rating is maintained at Outperform and the target is significantly higher than the previous one, it suggests that the analyst sees continued growth potential and possibly better-than-expected future earnings or performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100