Intuit Revenue Up 12 Percent in the Fourth Quarter; Up 10 Percent in Fiscal 2017
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Intuit (INTU) PT Raised to $146 at Oppenheimer
August 23, 2017 9:50 AM EDTOppenheimer raised its price target on Intuit (NASDAQ: INTU) to $146.00 (from $141.00) while maintaining a Outperform rating following strong Q4 results and a healthy outlook.
Analyst Scott Schneeberger notes contribution in the quarter was balanced across segments.
FY18E adjusted EPS increases to $4.95 (+12% y/y) from $4.92 vs. $4.90-$5.00 guidance.
... MoreIntuit (INTU) Tops Q4 EPS by 3c, Offers Guidance
August 22, 2017 4:02 PM EDTIntuit (NASDAQ: INTU) reported Q4 EPS of $0.20, $0.03 better than the analyst estimate of $0.17. Revenue for the quarter came in at $842 million versus the consensus estimate of $804.62 million.
Forward-looking... More
