Oppenheimer Remains Bullish on Intuit (INTU) Following 4Q Report

Oppenheimer Raises Price Target on Intuit (INTU) to $116 Following 4Q Report

Oppenheimer 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

Brean 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

Pre-Open Stock Movers 08/24: (URRE) (LCI) (OSUR) Higher; (EXPR) (LZB) (SOL) Lower (more...)

Today's Pre-Open Stock Movers

Uranium Resources, Inc. (Nasdaq: URRE) 62.2% HIGHER; announced that it has staked approximately 4,600 acres (1,860 hectares) of placer mining claims covering a prospective target for lithium-enriched brines in the Columbus Salt Marsh area of west-central Nevada. The target area, known as the Nina Project, is situated within a region of known lithium mineralization and is approximately 27 miles (43 kilometers) northwest of the Clayton Valley/Silver Peak lithium brine mine of Albemarle Corporation, the only operating lithium brine recovery... More

After-Hours Stock Movers 08/23: (URRE) (LCI) (OSUR) Higher; (LZB) (DY) (INTU) Lower (more...)

Today's After-Hours Movers

Uranium Resources, Inc. (Nasdaq: URRE) 47.7% HIGHER; announced that it has staked approximately 4,600 acres (1,860 hectares) of placer mining claims covering a prospective target for lithium-enriched brines in the Columbus Salt Marsh area of west-central Nevada. The target area, known as the Nina Project, is situated within a region of known lithium mineralization and is approximately 27 miles (43 kilometers) northwest of the Clayton Valley/Silver Peak lithium brine mine of Albemarle Corporation, the only operating lithium brine recovery operation in the United States.

La-Z-Boy (NYSE:... More

Intuit (INTU) Tops Q4 EPS by 10c; Guides Q1 EPS, Revenue Below Views

Intuit (NASDAQ: INTU) reported Q4 EPS of $0.08, $0.10 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $754 million versus the consensus estimate of $733.2 million.

GUIDANCE:

Intuit sees Q1 2017 EPS of $0.01-$0.03, versus the consensus of $0.13. Intuit sees Q1... More

Intuit (INTU) September 115 straddle priced for movement of 6.5% into Q4, puts active

Intuit (NASDAQ: INTU) September 115 straddle priced for movement of 6.5% into Q4. Call put ratio is 1 call to 2.3 puts

Trading Radar for 8/23: Best Buy (BBY), Toll Bros (TOL), Smucker (SJM), Trina Solar (TSL) Report

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Earnings:

American Woodmark (Nasdaq: AMWD) - consensus EPS $0.93
BMO Financial Group (NYSE: BMO) - consensus EPS $1.42... More

Intuit (INTU) September option implied volatility flat on more puts than calls into Q4 and outlook

Intuit (NASDAQ: INTU) September call option implied volatility is at 29, October is at 25; compared to its 52-week range of 20 to 42 into the expected release of Q4 results on August 23.