KeyBanc analyst Josh Beck raised the firm’s price target on Intuit to $535 from $525 and keeps an Overweight rating on the shares. Intuit’s Q4 results were ahead of Street expectations, with low single digit revenue, high single digit operating income, and mid-teens percentage non-GAAP EPS upside, the analyst tells investors in a research note.
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Read More on INTU:
- Intuit price target raised to $575 from $525 at Deutsche Bank
- Intuit (NASDAQ:INTU) Dips despite Strong Earnings and Guidance
- Intuit falls 4% to $480.75 after Q4 results, initial FY24 guidance
- Intuit guides initial FY24 EPS $16.17-$16.47, consensus $15.95
- Intuit sees Q1 EPS $1.94-$2.00, consensus $1.99