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Intuit Expected To Announce $7B Acquisition Of Credit Karma
Sunday, February 23, 2020 - 11:13pm | 433Financial software maker Intuit Inc.'s (NASDAQ: INTU) deal to acquire personal finance company Credit Karma is almost final, and could be announced as soon as Monday, the Wall Street Journal reported. What Happened The deal, if finalized, would be the biggest for Intuit in its 37-year long...
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Citi Rates Intuit As Medium Risk
Tuesday, May 24, 2011 - 7:34am | 78According to Citi, Intuit (NASDAQ: INTU) is rated medium risk. Citi said that the DOJ filed a civil antitrust suit to prevent HRB from acquiring TaxAct. “According to Bloomberg, the Justice Department determined that the combination would limit competition and could result in higher prices for...
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Jefferies Raises PT To On INTU To $64
Tuesday, May 17, 2011 - 7:17am | 116Jefferies has raised its price target on Intuit (NASDAQ: INTU) from $59 to $64 and is reiterating its Buy rating on the stock ahead of the company's F3Q11 report, to be released on Thursday. Says Jefferies, in the report, “We reiterate our Buy rating ahead of INTU's F3Q11 report on 5/19. We are...
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Jefferies Reiterates Buy Rating, $59 PT On Intuit
Friday, April 8, 2011 - 8:30am | 105Jefferies reiterated its Buy rating and $59 price target in its report on Intuit (NASDAQ: INTU), based upon tax unit data released by INTU competitor H&R Block (NYSE: HRB). In the report, Jefferies writes, “HRB reported tax unit data STD through the end of March which suggests continued...
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Oppenheimer Reiterates OP Rating On INTU
Friday, March 18, 2011 - 7:34am | 139Oppenheimer is reiterating its Outperform rating on Intuit Inc. (NASDAQ: INTU) following last evening's release of TurboTax YTD unit volume data through 3/12/11. “Total units increased 7% y/y through mid-March, which was a sizable increase from units up 1% y/y through mid-February YTD. TurboTax's...