Tax Season Is Over. Gains for Intuit Stock May Not Be.
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The deadline to file taxes has come and gone, but that doesn’t mean it’s too late to buy Intuit stock, says a Scotiabank analyst. Allan Verkhovski upgraded shares of Intuit to Outperform from Perform and raised his price target to $700 from $600, which implies a 19% increase from the stock’s closing price of $588.08 on Wednesday. Intuit is a fintech company and the parent of TurboTax, a website that allows users to file their taxes.
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