Intuit Gets a Hold Rating from Barclays


Barclays analyst Raimo Lenschow maintained a Hold rating on Intuit (NASDAQ: INTU) on May 18 and set a price target of $190. The company’s shares closed on Friday at $190.54, close to its 52-week high of $196.28.

According to TipRanks.com, Lenschow is a top 100 analyst with an average return of 18.9% and a 74.5% success rate. Lenschow covers the Technology sector, focusing on stocks such as Coupa Software Inc, Citrix Systems, and Salesforce.com.

Intuit has an analyst consensus of Moderate Buy, with a price target consensus of $189.10.

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The company has a one-year high of $196.28 and a one-year low of $125.16. Currently, Intuit has an average volume of 1.47M.

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Intuit, Inc. engages in the provision of business and financial management solutions. It operates through the following segments: Small Business, Consumer Tax, and ProConnect. The Small Business segment targets small businesses, self-employed, and accounting professionals. The Consumer Tax segment includes turbo income tax preparation products and services.

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