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Summary

Accounting software provider Intuit received a price target upgrade from brokers as the company released its guidance for FY24. The company recently reported its Q423 results and provided fiscal 2024 guidance.

As per data available on Refinitiv, INTU has a mean recommendation rating of 1.9 on a scale of one to five. Here, one represents a ‘strong buy’ rating and five represents a ‘strong sell’ rating. Meanwhile, the consensus mean price target on the stock is US$549.24, which is an upside potential of 5.82% over INTU’s closing price on Friday, August 25, 2023.

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