Notable Downgrades: Intuit (INTU), The Gap, Inc. (GPS), Hewlett-Packard (HPQ), Macrocure Ltd. (MCUR), The Fresh Market (TFM)

Intuit Inc. (INTU) was reiterated a ‘Equal Weight’ by Barclays analysts on Friday. The broker also cut its price target on the stock to $102 from $105. On valuation measures, Intuit Inc. stock it’s trading at a forward P/E multiple of 18.25x, and at a multiple of 81.20x this year’s estimated earnings. The t-12-month revenue […]

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