Intuit Reaches Analyst Target Price
April 28, 2017 at 09:00 AM EDT
In recent trading, shares of Intuit Inc (INTU) have crossed above the average analyst 12-month target price of $121.11, changing hands for $125.61/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..