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Intuit (INTU) Shows Strength: Stock Adds 6.7% in Session
Intuit Inc. (INTU - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came after the company reported strong results for the third quarter of fiscal 2017, which ended on April 30. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 15% in the past one-month time frame.
The company has seen no positive or negative estimate revision in the past 30 days. But its Zacks Consensus Estimate moved lower over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Intuit currently has a Zacks Rank #4 (Sell).
Intuit Inc. Price
Intuit Inc. Price | Intuit Inc. Quote
A top-ranked stock in the Computer – Software Peers industry is Avid Technology, Inc. holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is INTU going up? Or down? Predict to see what others think: Up or Down
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