Why Intuit Stock Topped the Market on Tuesday

Intuit (NASDAQ: INTU) stock was off to a fine start as the Memorial Day-shortened trading week began. The tax and finance software specialist was the subject of a new, bullish analyst note, and investors reacted to this by pushing the stock's price up about 4.4% on the day. That easily beat the 2% increase of the S&P 500 index.The analyst behind the new Intuit note was Mizuho's Siti Panigrahi, who reiterated his outperform (read: buy) recommendation on the stock at a price target of $825 per share. That anticipates upside of nearly 10% on today's closing price. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool