Reported 1 day ago
Mizuho has reiterated its Outperform rating for Intuit Inc. (NASDAQ:INTU) with a price target of $875, seeing recent stock price weakness as a buying opportunity. Despite a lower than expected growth forecast for its Global Business Solutions Group, Mizuho believes Intuit's core business, particularly QuickBooks Online and TurboTax, shows strong momentum and potential for higher growth. The firm's upcoming Investor Day on September 18 is anticipated to bolster investor confidence in the company's future performance.
Source: YAHOO