Time to Sell Intuit Stock? 1 Analyst Thinks So
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
Earlier this year, I made the argument that tax-prep powerhouse H&R Block (NYSE: HRB) was one of the best dividend stocks on the market. Investors in rival tax prep software firm Intuit (NASDAQ: INTU) probably weren't happy to hear that -- but they'll be even less pleased with today's news: Investment banker Raymond James just downgraded Intuit to sell.
Here are three things you need to know about that.
Source: Fool.com
H&R Block Inc. Stock
€49.00
-0.800%
With 7 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
However, we have a potential of -10.2% for H&R Block Inc. as the target price of 44 € is below the current price of 49.0 €.
