Morgan Stanley Maintains Overweight on Intuit, Raises Price Target to $740
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss maintains an Overweight rating on Intuit (NASDAQ:INTU) and raises the price target from $680 to $740.
May 13, 2024 | 4:38 pm
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Morgan Stanley has reaffirmed its Overweight rating on Intuit and increased the price target from $680 to $740, indicating a positive outlook on the stock.
The upgrade in price target by a reputable analyst like Morgan Stanley typically signals a strong conviction in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100