Intuit price target raised to $775 from $700 at Susquehanna

Susquehanna analyst James Friedman raised the firm’s price target on Intuit to $775 from $700 and keeps a Positive rating on the shares. The firm said they posted exceptional Q2 results but the consolidated results were muted somewhat by timing differences in the Consumer segment which houses TurboTax seemingly dampened by a 1 week delay in the start of the IRS Tax Season.