In a report released yesterday, Mark Murphy from J.P. Morgan maintained a Hold rating on Intuit (INTU – Research Report), with a price target of $585.00. The company’s shares closed yesterday at $659.81.
Murphy covers the Technology sector, focusing on stocks such as Intuit, UiPath, and Adobe. According to TipRanks, Murphy has an average return of 13.4% and a 62.82% success rate on recommended stocks.
In addition to J.P. Morgan, Intuit also received a Hold from UBS’s Taylor McGinnis in a report issued yesterday. However, on the same day, William Blair maintained a Buy rating on Intuit (NASDAQ: INTU).
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INTU market cap is currently $178.7B and has a P/E ratio of 72.01.
Based on the recent corporate insider activity of 107 insiders, corporate insider sentiment is neutral on the stock. Last month, Richard Dalzell, a Director at INTU bought 1,358.00 shares for a total of $30,583.41.
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 (INTU) Company Description:
Incorporated in 1983, California-based Intuit, Inc., a software company, provides financial management solutions and compliance products and services for small businesses, accountants, and individuals. It operates through the following segments: Small Business and Self-Employed Group; Consumer Group; ProConnect Group and Credit Karma.
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