Michael Phelps, Simone Biles Headlining QuickBooks Connect in San Jose

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

August 25, 2016 9:48 AM EDT

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