These Analysts Revise Their Forecasts On Intuit Following Q3 Results
Portfolio Pulse from Avi Kapoor
Intuit Inc. (NASDAQ:INTU) reported better-than-expected Q3 earnings and raised its full-year outlook, but issued weak guidance for the current quarter. Analysts revised their price targets following the results.
May 24, 2024 | 11:51 am
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Intuit reported strong Q3 earnings, beating revenue and EPS estimates, and raised its full-year outlook. However, the company issued weak guidance for the current quarter, leading to mixed analyst reactions.
Intuit's strong Q3 performance and raised full-year outlook are positive, but the weak guidance for the current quarter creates uncertainty. Analysts have mixed reactions, with one raising and another lowering the price target.
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