Oppenheimer Cuts Price Target on Intuit (INTU) Following Investor Day

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Wedbush Cuts Price Target on Intuit (INTU) to $86 Following Investor Day

September 18, 2015 1:13 PM EDT

Wedbush maintained a Neutral rating on Intuit (NASDAQ: INTU), and cut the price target to $86.00 (from $96.00), following investor day. With the recent divestures the company has sharpened its focus on its operating system for small businesses and its market-leading DDIY tax preparation... More

Jefferies Cuts Price Target on Intuit (INTU) Following Investor Day

September 18, 2015 8:22 AM EDT

Jefferies maintained a Buy rating on Intuit (NASDAQ: INTU), and cut the price target to $108.00 (from $115.00), following an investor day. Management reset FY17 non-GAAP EPS guidance to $4.00-$4.50+ from ~$5.00 to better reflect its LT focus and ST margins.

Analyst Brad Zelnick commented,... More