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Jul 3, 2024 10:14 PM - Davit Kirakosyan(Last modified: Jul 4, 2024 4:05 AM)
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RBC Capital analysts initiated coverage on Intuit (NASDAQ:INTU) stock with an Outperform rating and a price target of $760.
The analysts highlighted Intuit's strong market leadership, successful transition to a subscription model, and potential growth from generative AI (GenAI) as key factors for the positive rating. Additionally, margin expansion is expected to further support the company's growth. Intuit, known for its tax and accounting software, serves over 100 million customers, including more than 10 million small and medium-sized businesses (SMBs) and over 90 million consumers.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 16, 2024 8:06 PM - Gordon Thompson
On Thursday, May 16, 2024, Deutsche Bank upgraded its rating on NASDAQ:ASTS to Buy, maintaining a hold position. At the time of the announcement, ASTS was trading at $4.03. This decision was accompanied by an increase in the price target for AST SpaceMobile, raised to $22 from $19, as detailed in a ...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...