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home / news releases / INTU - Intuit: Confident That EPS Can Be Sustained In The High-Teens Range

INTU - Intuit: Confident That EPS Can Be Sustained In The High-Teens Range

Intuit Inc.

2024-05-28 12:32:34 ET

Summary

  • INTU reported strong Q3 results, beating revenue and EBIT estimates, supporting the view of high-teen earnings growth potential.
  • Despite a drop in share price, INTU's investments in generative-AI and upmarket penetration show promising growth potential.
  • In my upside case, I have a target share price of $850, offering 40% upside.

Investment action

For further details see:

Intuit: Confident That EPS Can Be Sustained In The High-Teens Range
Stock Information
Company Name: Intuit Inc.
Stock Symbol: INTU
Market: NASDAQ
Website: intuit.com
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