Intuit Inc. (INTU) receives a 'Moderate Buy' rating from analysts and its stock has been performing well against its peers in the computer and technology sectors. However, StockNews.com has downgraded it to 'Hold'. The company surpassed Q1 and Q2 earnings and revenue estimates while maintaining its annual outlook. It has also expanded its portfolio with QuickBooks Money, renewed its NFL partnership and attracted significant institutional shareholder ownership. Intuit has also further invested in student support programs while consistently outperforming the broader market. However, due to a share appreciation, L1 Capital International Fund is reducing its holdings in the company.
Intuit INTU News Analytics from Wed, 06 Sep 2023 17:17:06 GMT to Thu, 09 May 2024 05:22:23 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -5
