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INTU
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124 days

Tax Season Is Over. Gains for Intuit Stock May Not Be. - Barron's

1. Scotiabank analyst upgraded INTU to Outperform, raising target to $700. 2. April quarter revenue significantly exceeded January, highlighting tax season's importance. 3. IRS Direct File Program faces potential shutdown, affecting TurboTax competition. 4. INTU is enhancing services with AI, improving customer experience and productivity. 5. Shares rose to $591.92, outperforming S&P 500's decline this year.

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FAQ

Why Bullish?

The analyst upgrade and improved revenue outlook suggest positive momentum for INTU.

How important is it?

Analyst upgrades and potential changes in competitive landscape significantly influence INTU's stock.

Why Short Term?

Tax season results and upgrades will impact INTU's stock price quickly.

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