Barclays lowered the firm’s price target on Intuit (INTU) to $775 from $800 and keeps an Overweight rating on the shares. The firm does not see much in the Q1 print to meaningfully change the Intuit story. While there were moving parts on the Q2 profit guide, this was countered by better Credit Karma and QuickBooks Online, the analyst tells investors in a research note.
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Read More on INTU:
- Intuit Inc. Reported Earnings. Did it Beat Estimates?
- Intuit Inc. Reports Robust Q1 2025 Results
- Closing Bell Movers: Gap jumps 15% after Q3 earnings beat, guidance raise
- INTU Earnings: Intuit Sinks on Disappointing Guidance
- Intuit reports Q1 EPS $2.50, consensus $2.36
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
