Option Millionaires

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uintuit price target raised to $770 from $760 at Jefferies
Jefferies raised the firm's price target on Intuit to $770 from $760 and keeps a Buy rating on the shares. The stock was down 6% in after-hours trading, which the firm believes was due to "knee-jerk reactions to tax unit share loss" and talk of increased investments raising question on margin trend. However, it believes a deeper look shows strong fundamentals, the analyst tells investors.