JP Morgan Maintains Neutral on Intuit, Raises Price Target to $600
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Sterling Auty maintains a Neutral rating on Intuit (NASDAQ:INTU) but raises the price target from $585 to $600.
August 23, 2024 | 12:49 pm
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JP Morgan has maintained its Neutral rating on Intuit but increased the price target from $585 to $600, indicating a positive outlook on the stock's potential value.
The increase in price target suggests a positive outlook on Intuit's future performance, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the stock may not outperform the market significantly.
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