Intuit (INTU) Gets a Buy Rating from Oppenheimer

In a report issued on February 25, Scott Schneeberger from Oppenheimer maintained a Buy rating on Intuit (INTUResearch Report), with a price target of $588.00. The company’s shares closed last Friday at $487.18.

Schneeberger has an average return of 34.0% when recommending Intuit.

According to TipRanks.com, Schneeberger is ranked #159 out of 7800 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Intuit with a $659.19 average price target, which is a 34.8% upside from current levels. In a report issued on February 25, Goldman Sachs also maintained a Buy rating on the stock with a $715.00 price target.

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The company has a one-year high of $716.86 and a one-year low of $365.15. Currently, Intuit has an average volume of 1.81M.

Based on the recent corporate insider activity of 101 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of INTU in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Incorporated in 1983, California-based Intuit, Inc., a software company, provides financial management solutions and compliance products and services for small businesses, accountants, and individuals. It operates through the following segments: Small Business and Self-Employed Group; Consumer Group; ProConnect Group and Credit Karma.

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