Credit Suisse Believes Intuit (INTU) Won’t Stop Here


Credit Suisse analyst Brad Zelnick maintained a Buy rating on Intuit (INTU) today and set a price target of $255. The company’s shares opened today at $233.32, close to its 52-week high of $233.73.

According to TipRanks.com, Zelnick is a 5-star analyst with an average return of 14.6% and a 78.5% success rate. Zelnick covers the Technology sector, focusing on stocks such as Salesforce.com, Symantec Corp, and Check Point.

Currently, the analyst consensus on Intuit is a Moderate Buy with an average price target of $231.60.

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The company has a one-year high of $233.73 and a one-year low of $162.59. Currently, Intuit has an average volume of 1.76M.

Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of INTU in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Intuit, Inc. is a financial management and compliance platform company, which engages in the provision of business and financial management solutions. It operates through the following segments: Small Business and Self-Employed; Consumer; and Strategic Partner.

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