Brokerage Firm Rating on Intuit (INTU)

Intuit (INTU) : Zacks Investment Research ranks Intuit (INTU) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 2.43, which indicates as a Buy.

Intuit (INTU) : The consensus price target for Intuit (INTU) is $118 for the short term with a standard deviation of $14. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $134, however, the pessimist price target for the company is $93.

Company shares have received an average consensus rating of Hold for the current week Intuit (NASDAQ:INTU): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $112.91 and $112.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $113.57. The buying momentum continued till the end and the stock did not give up its gains. It closed at $113.15, notching a gain of 0.26% for the day. The total traded volume was 843,170 . The stock had closed at $112.86 on the previous day.

In a related news, Stansbury Henry Tayloe, Officer (Evp, Chief Technology Officer) of INTUIT INC, unloaded 2,787 shares at an average price of $103.86 on June 24, 2016. The total amount of the transaction was worth $289,458, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Intuit Inc. is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. The Company operates through three segments: Small Business, Consumer Tax and Professional Tax. The Company operates in the United States, Canada, India, the United Kingdom, Singapore and Australia, among others. The Companys Small Business segment solutions include QuickBooks Online, Online Payroll solutions, Online Payments solutions and Intuit Developer Group. The Companys Small Business Desktop Ecosystem solutions include QuickBooks, Desktop Payroll Solutions, Desktop Payments solutions, QuickBooks Technical Support and financial supplies. The Consumer Tax segment offers tax return preparation offerings, electronic filing and other services, and Intuit Tax Freedom Project. The Companys professional tax offerings include Lacerte and ProSeries.

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