Morgan Stanley Remains Cautious On Intuit


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


In a report published Wednesday, Morgan Stanley analyst Jennifer Swanson Lowe reiterated an Underweight rating and $66.00 price target on

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Intuit (NASDAQ: INTU).In the report, Morgan Stanley noted, “INTU posted strong tax results, but Payments revenue was weak while rapid adoption of QB Online hurt QB Desktop sales. Despite the Small Biz miss, we think positives outweighed negatives in the Q, but remain cautious on the stock given near-peak valuation and slowing growth.”Intuit closed on Tuesday at $76.84.
Posted In: Analyst ColorReiterationAnalyst RatingsJennifer Swanson LoweMorgan Stanley