TipRanksStock Market NewsINTU NewsPiper Sandler Sticks to Their Buy Rating for Intuit (INTU)

Piper Sandler Sticks to Their Buy Rating for Intuit (INTU)

Piper Sandler analyst Arvind Ramnani maintained a Buy rating on Intuit (INTUResearch Report) on February 25 and set a price target of $674.00. The company’s shares closed last Friday at $487.18.

According to TipRanks.com, Ramnani is a 4-star analyst with an average return of 4.1% and a 55.4% success rate. Ramnani covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Ceridian HCM Holding, and Aeva Technologies.

Intuit has an analyst consensus of Strong Buy, with a price target consensus of $659.19, representing a 34.8% upside. 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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