Citi and Stifel Diverge on Intuit Stock Outlook

Analyst
โดย Insider Monkey·Read original
Summary · why it matters

Analysts are divided on Intuit, with Citi maintaining a Buy rating and a $591 price target implying 117% upside, while Stifel downgraded the stock to Hold and slashed its target to $275. Stifel expects management to lower near- to medium-term growth targets for the Global Business Solutions and TurboTax segments, possibly alongside fourth-quarter results or at the September Analyst Day. Intuit is a global financial technology platform serving about 100 million customers through products like TurboTax, Credit Karma, and QuickBooks.

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Intuit Inc
INTU
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Citi maintains Buy with $591 target (positive), Stifel downgrades to Hold with $275 target (negative), creating mixed analyst outlook.