Market Overview

UPDATE: Bank of America Lowers PO to $63 on Intuit Post Disappointing Quarter

Related INTU
3 Funds To Watch For Intuit Exposure
Intuit Conference Call Highlights
Tech Companies, As Usual, On Super Bowl Ad Sidelines (Investor's Business Daily)

Bank of America lowers its price objective on Intuit (NASDAQ: INTU) from $65 to $63 and reiterates its Buy rating on shares.

Bank of America notes, "Intuit provides investors with a rare combination of Cloud + mobile opportunities and can be a potential beneficiary of HTML5 adoption longer term. With minimal EU exposure (~5%), Intuit continues to operate with a shareholder friendly mindset (dividend + share buyback). Our PO goes to $63 (from $65) based on our SOTP analysis."

INTU closed at $54.41 on Thursday.

Latest Ratings for INTU

Dec 2014WedbushDowngradesOutperformNeutral
Nov 2014Bank of AmericaMaintainsBuy
Nov 2014CitigroupMaintainsBuy

View More Analyst Ratings for INTU
View the Latest Analyst Ratings

Posted-In: Bank of AmericaAnalyst Color Intraday Update Analyst Ratings


Related Articles (INTU)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Benzinga Professional