Deutsche Bank Upgrades Intuit (INTU) to Buy

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Wedbush Cuts Price Target on Intuit (INTU) Following 4Q15 and Announced Divestitures

August 21, 2015 9:56 AM EDT

Wedbush maintained a Neutral rating on Intuit (NASDAQ: INTU), and cut the price target to $96.00 (from $97.00), following the company's 4Q15 earnings results. Revenue of $754 million topped consensus of $739 million. Non-GAAP EPS of $(0.06) topped consensus of $(0.11). Company issued FY16 revenue growth of $4.525-$4.6 billion, below... More

UBS Cuts Price Target on Intuit (INTU) Following 4Q15 Results

August 21, 2015 8:09 AM EDT

UBS maintained a Buy rating on Intuit (NASDAQ: INTU), and cut the price target to $117.00 (from $120.00), following the company's 4Q15 earnings results. Unadjusted revenue of $754M beat Street's $738.98M. EPS -$0.06 beat Street estimates of -$0.12.

Analyst Brent Thill commented, "FQ4 is usually a time of strategic introspection for INTU, when it is often accompanied by shedding of... More