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Stockreport

Why Street Sends Mixed Signals on Intuit Inc. (INTU) [Yahoo! Finance]

Intuit Inc. (INTU)  More Company Research Source: Yahoo! Finance
Last intuit inc. earnings: 2/24 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.intuit.com
Paribas Exane upgraded Intuit Inc. (NASDAQ:INTU) from Underperform to Neutral, while setting a price target of $463. This reflects an upside potential of merely 2.36% from the current price. According to the firm, Intuit Inc. (NASDAQ:INTU) shares have witnessed a YTD decline of 31%, supporting a more reasonable valuation. This comes even after the concerns around long-term disruption to the company's tax business. BNP Paribas Exane believes that a potential divestiture of Mailchimp could result in better consolidated growth and generate $1.5 billion to $2 billion in its current state. With that said, the firm sees the company ending the current tax season strongly, driven by early TurboTax outperformance in Q2 and robust web traffic dynamics through the last month. Intuit Inc. (NASDAQ:INTU) On the same day, TD Cowen reaffirmed a Buy rating on Intuit Inc. (NASDAQ:INTU) with a price target of $633 following reports of accelerated share repurchases. As reported by the Wall Street J [Read more]

IMPACT SNAPSHOT EVENT TIME: INTU
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Stock performance from the time of news release until the following 4pm ET market close
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Stock performance from the time of news release until the following 4pm ET market close
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Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
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Why Street Sends Mixed Signals on Intuit Inc. (INTU) [Yahoo! Finance]

Intuit Inc.  (INTU) 
Last intuit inc. earnings: 2/24 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.intuit.com
Paribas Exane upgraded Intuit Inc. (NASDAQ:INTU) from Underperform to Neutral, while setting a price target of $463. This reflects an upside potential of merely 2.36% from the current price. According to the firm, Intuit Inc. (NASDAQ:INTU) shares have witnessed a YTD decline of 31%, supporting a more reasonable valuation. This comes even after the concerns around long-term disruption to the company's tax business. BNP Paribas Exane believes that a potential divestiture of Mailchimp could result in better consolidated growth and generate $1.5 billion to $2 billion in its current state. With that said, the firm sees the company ending the current tax season strongly, driven by early TurboTax outperformance in Q2 and robust web traffic dynamics through the last month. Intuit Inc. (NASDAQ:INTU) On the same day, TD Cowen reaffirmed a Buy rating on Intuit Inc. (NASDAQ:INTU) with a price target of $633 following reports of accelerated share repurchases. As reported by the Wall Street J [Read more]

IMPACT SNAPSHOT
EVENT TIME:
INTU
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS