Intuit's good results and promising outlook have been ignored, Barron's says Intuit (INTU) has a dominant share in many of its businesses, including online tax preparation, small-business payroll and financial management. Barron's contends that investors are underestimating how much Intuit's businesses are being turbocharged by the growing popularity of mobile devices. James Lane, an analyst and consultant to Northstar Investment Management, says the shares are undervalued and could jump nearly 30% in the next 18 to 24 months, from the high $50s now to the mid-$70s. Reference Link
News For INTU From The Last 14 Days
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