Intuit "neutral"

20.08.07 - UBS

NEW YORK, August 20 (newratings.com) - Analysts at UBS reiterate their "neutral" rating on Intuit Inc (INTU). The 12-month target price is set to $34.

In a research note published this morning, the analysts mention that the company is expected to report its F4Q07 total revenues and EPS at $417 million and -$0.07, respectively, broadly in-line with the consensus and the guidance. The Consumer Tax and QuickBooks segments are expected to have generated revenues of $12 million and $137 million, respectively, in the quarter, in-line with the guidance, the analysts say.