Intuit Posts Q1 Beat, Shares Tank On Disappointing Outlook: Analyst Says: 'Trends Beneath The Surface Were Mixed'

Intuit Inc INTU shares tanked in early trading on Friday, even after the company reported upbeat fiscal first-quarter results.The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.Goldman Sachs analyst Kash Rangan maintained a Buy rating while raising the price target from $765 to $800.Stifel analyst Brad Reback reiterated a Buy rating while reducing the price target from $795 to $725.Oppenheimer analyst Scott Schneeberger reaffirmed an Outperform rating whil ...