Intuit (INTU) September 115 straddle priced for movement of 6.5% into Q4, puts active
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Oppenheimer Raises Price Target on Intuit (INTU) to $116 Following 4Q Report
August 25, 2016 9:48 AM EDTOppenheimer reiterated an Outperform rating on Intuit (NASDAQ: INTU), and raised the price target to $116.00 (from $113.00), following the company's 4Q earnings report. QBO subscribers reached 1.513M as of 7/31/16 vs. guidance of 1.5M. Small Business Online Ecosystem revenue grew 25% y/y, primarily via online customer acquisition. INTU maintained... More
Brean Capital Raises Price Target on Intuit (INTU) to $135 Following Solid 4Q
August 24, 2016 10:19 AM EDTBrean Capital reiterated a Buy rating on Intuit (NASDAQ: INTU), and raised the price target to $135.00 (from $130.00), following the company's 4Q earnings report. INTU reported modest revenue upside and QBO subscriber count, while showing strong margin leverage. Guidance for FY17 was relatively in-line. However, F1Q guidance was lower than Street estimates.
Analyst Yun Kim commented, "INTU reported solid F4Q results, driven by steady business... More
Oppenheimer Remains Bullish on Intuit (INTU) Following 4Q Report
August 24, 2016 10:07 AM EDTOppenheimer reiterated an Outperform rating and $113.00 price target on Intuit (NASDAQ: INTU) following the company's 4Q earnings report. INTU reported EPS of $0.08, ahead of the Street's estimates for a loss of ($0.02). Although F1Q17 was guided below our/Street estimates, this was largely attributed to... More