Wells Fargo raised the firm’s price target on Intuit (INTU) to $825 from $775 and keeps an Overweight rating on the shares. The firm notes the company’s Q3 results were headlined by tax outperformance led by an inflection in Live. Management sounded confident in Live’s sustainability into next year and in the meantime, QB’s mission criticality continues to shine through, Wells adds.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INTU:
- Intuit price target raised to $789 from $726 at Citi
- Intuit price target raised to $819 from $757 at Susquehanna
- Intuit price target raised to $825 from $785 at Piper Sandler
- Intuit’s Strong Performance and Growth Potential Justifies Buy Rating
- Intuit price target raised to $850 from $735 at Jefferies