Oppenheimer Maintains Outperform on Intuit, Lowers Price Target to $380
Oppenheimer analyst Scott Schneeberger maintains Intuit (NASDAQ:INTU) with a Outperform and lowers the price target from $406 to $380.
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Goldman Sachs analyst Kash Rangan maintains Intuit (NASDAQ:INTU) with a Sell and raises the price target from $276 to $304.
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Oppenheimer analyst Scott Schneeberger maintains Intuit (NASDAQ:INTU) with a Outperform and lowers the price target from $406 to $380.
Read original at benzingaNasdaq 100 falls 0.6% as traders wait on Nvidia and hot July PCE revives September rate-hike bets. Energy leads, gold sinks 1.3% to $4,599.
Read original at benzingaIntuit 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.
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