Citi Reiterates Buy Rating, Top Pick on Intuit (INTU) after investor, CEO meetings
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Rating Summary:
31 Buy, 12 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 8
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Citi analyst Steven Enders reiterated a Buy rating and $475.00 price target on Intuit (NASDAQ: INTU) after hosting investor meetings with INTU CEO Sasan Goodarzi in the UK,
"We leave the day with refreshed confidence in INTU as our top pick as we perceive a mission critical product set with further growth opportunities coming from AI, a resilient financial model, and a de-risked NT outlook with INTU trading at 28x NTM P/E vs. the 5-year average of 36x and low of 25x."
For an analyst ratings summary and ratings history on Intuit click here. For more ratings news on Intuit click here.
Shares of Intuit closed at $419.33 yesterday.
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