Goldman Sachs Maintains Sell on Intuit, Raises Price Target to $304
Goldman Sachs analyst Kash Rangan maintains Intuit (NASDAQ:INTU) with a Sell and raises the price target from $276 to $304.
Read original at benzingaStocks · News reference
Intuit shares are trading lower after the company reported Q4 financial results and issued FY27 guidance below estimates.
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- Aug 25, 2026, 8:02 PM
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- Aug 25, 2026, 8:02 PM
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Read original at benzingaWhy Intuit Stock Dropped Today
Intuit stock fell 4% despite beating Q4 and fiscal 2026 earnings expectations with strong 14% revenue growth. The sell-off was triggered by weaker-than-expected forward guidance, with the company forecasting Q1 2027 sales growth to slow to 11% and full-year 2027 growth of only 9-10%. However, the analyst argues the stock appears undervalued at a sub-1.0 PEG ratio with expected 22-24% earnings growth.
Read original at the-motley-fool