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According to a statement released by the New York AG, Intuit engaged in “several deceptive and unfair trade practices that limited consumers’ participation in the IRS Free File Program.”
Source: https://www.chiangraitimes.com/business/turbotax-users-may-receive-settlement/
Breakline Capital LLC Makes New Investment in Intuit Inc.
Brokerages Set Intuit Inc. (NASDAQ:INTU) Price Target at $567.
Source: https://www.etfdailynews.com/2023/10/29/brokerages-set-intuit-inc-nasdaqintu-price-target-at-567-41/
Carmel Capital Partners LLC bought a new stake in shares of Intuit Inc. () in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission.
Citigroup lifted their price objective on Intuit from $475.00 to $495.00 in a research report on Wednesday, May 24th.
Credit Suisse Group lifted their price objective on Intuit from $500.00 to $570.00 and gave the stock an “outperform” rating in a report on Friday, August 25th.
Deutsche Bank Aktiengesellschaft increased their price objective on Intuit from $525.00 to $575.00 and gave the company a “buy” rating in a report on Friday, August 25th.
Equities research analysts predict that Intuit Inc. will post 9.63 EPS for the current year.
Finally, Barclays lowered their target price on shares of Intuit from $490.00 to $465.00 and set an “overweight” rating on the stock in a report on Wednesday, November 30th.
Finally, BMO Capital Markets lifted their target price on shares of Intuit from $462.00 to $485.00 in a report on Wednesday, May 24th.
Finally, Householder Group Estate & Retirement Specialist LLC bought a new position in Intuit in the first quarter valued at about $29,000.
Finally, Key Financial Inc raised its holdings in shares of Intuit by 95.1% during the 2nd quarter.
Freedom Wealth Alliance LLC bought a new position in shares of Intuit in the 4th quarter worth $34,000.
Her previous experience includes serving as SVP, QuickBooks Money Platform at Intuit as well as leading transformational initiatives in various roles at the company.
Source: https://www.chiangraitimes.com/tech/changing-paypals-strategic-leadership/
In a recent Intuit survey, accountants in the United States have recognized the impact of technology on their businesses.
In related news, EVP James Alexander Chriss sold 563 shares of Intuit stock in a transaction dated Thursday, May 25th.
Intuit had a net margin of 17.53% and a return on equity of 17.34%.
Source: https://www.etfdailynews.com/2023/12/03/intuits-intu-overweight-rating-reiterated-at-piper-sandler/
Intuit has spent $25.6 million since 2006 on lobbying, H&R Block about $9.6 million and the conservative Americans for Tax Reform roughly $3 million.
Intuit Inc. has a twelve month low of $352.63 and a twelve month high of $558.64.
Intuit is confident in maintaining its leadership in its domain of expertise, despite potential competition from ChatGPT.