UBS Raises Price Target on Intuit (INTU) Following 3Q Beat and Raise
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Brean Capital Raises Price Target on Intuit (INTU) to $130 Following 3Q; Reiterates Buy
May 25, 2016 11:07 AM EDTBrean Capital reiterated a Buy rating on Intuit (NASDAQ: INTU), and raised the price target to $130.00 (from $125.00), following the company's 3Q earnings report. INTU reported strong consumer tax business and raised its FY16 revenue guidance to the high end of the previously pre-announced guidance range. It now expects 9% revenue growth from initial guidance of 5-7%.
Analyst Yun Kim commented, "INTU reported strong F3Q results, driven by... More
Wedbush Remains Sidelined on Intuit (INTU) Following 3Q Beat
May 25, 2016 8:07 AM EDTWedbush reiterated a Neutral rating and $105.00 price target on Intuit (NASDAQ: INTU) following the company's 3Q earnings report. Revenue grew 8% to $2.3 billion and topped consensus of $2.25b and the high-end of the guidance of $2.21 billion. Non-GAAP EPS of $3.43 and topped both consensus of... More
After-Hours Stock Movers 05/24: (CSC) (NMBL) (HPE) Higher; (SWPH) (INTU) (AXTA) Lower (more...)
May 24, 2016 6:12 PM EDTToday's After-Hours Movers:
CSC (NYSE: CSC) 20.7% HIGHER; Hewlett Packard Enterprise (NYSE: HPE) announced plans for a tax-free spin-off and merger of its Enterprise Services business with CSC (NYSE: CSC), which will create a pure-play, global IT services powerhouse. The spin-off and merger is the logical next step in the turnaround of HPE's Enterprise Services segment. It also allows a standalone HPE to further sharpen its leadership in building the vital end-to-end infrastructure solutions necessary to power the enterprise cloud and... More
Intuit (INTU) Reports Q3 EPS of $3.43; Boosts Outlook
May 24, 2016 4:01 PM EDTIntuit (NASDAQ: INTU) reported Q3 EPS of $3.43, versus $3.21 reported last year. Revenue for the quarter came in at $2.3 billion, versus $2.26 billion reported last year.
Grew TurboTax Online units 15 percent for the tax season. Total TurboTax units grew 12 percent.Added 140,000... MoreStraddles bid up into quarterly results and outlook
May 24, 2016 3:03 PM EDTTiffany (NYSE: TIF) May weekly 64.50 straddle priced for 6.5% movement into Q1
Express (NASDAQ: EXPR) June 16 straddle priced for 12.4% movement into Q1
HP Enterprise (NYSE: HPE) May weekly 16 straddle priced for 7.3% movement into Q2
Intuit (NASDAQ: INTU) June 100 straddle priced for 6.5% movement into Q3
Intuit (INTU) June volatility increases on more calls than puts into Q3 and outlook
May 23, 2016 2:31 PM EDTIntuit (NASDAQ: INTU) June call option implied volatility is at 34, July is at 27; compared to its 52-week range of 18 to 42 into the expected release of Q1 results on May 24.
... MoreGoldman Sachs Starts Intuit (INTU) at Buy
May 23, 2016 7:22 AM EDTGoldman Sachs initiated coverage on Intuit (NASDAQ: INTU) with a Buy rating and a price target of $117.00.
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 $103.03 yesterday.
... More