BofA analyst Brad Sills raised the firm’s price target on Intuit to $725 from $650 and keeps a Buy rating on the shares, citing multiple expansion across the large cap software group. The firm’s multiple represents a premium to the large cap GARP software peer group average to reflect a more durable growth profile, the analyst noted.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on INTU:
- Intuit price target raised to $700 from $640 at BMO Capital
- Intuit price target raised to $678 from $610 at Oppenheimer
- Intuit price target raised to $700 from $670 at KeyBanc
- Wells Fargo downgrades Bill to Equal Weight on growing list of risks
- FTC issues opinion finding that Intuit engaged in deceptive practices
