Intuit: Time to Buy This Stock or Not?

Filed under: Intuit Inc (INTU), Analyst Initiations, Technical Analysis

Intuit Inc. (INTU) received some good word today from a major firm. According to our Analyst Calls article, Citigroup initiated the company with a buy rating. Not bad for shareholders.



Or is it? At the close of the session, shares of the name behind Turbo Tax were off by 0.3% to $48.87. That might represent a very small sell-off, but when you read that a stock has received a buy rating, the hope is for a little more action. It makes you wonder if the idea may not actually be worth buying.

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Intuit: Time to Buy This Stock or Not? originally appeared on BloggingStocks on Wed, 09 Feb 2011 17:30:00 EST. Please see our terms for use of feeds.

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