Analysts Are Neutral on These Technology Stocks: OOMA, INTU

By Austin Angelo

Analysts fell to the sidelines weighing in on Ooma (NYSE: OOMA) and Intuit (NASDAQ: INTU) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Ooma (NYSE: OOMA)

Ooma (NYSE: OOMA) received a Hold rating from Credit Suisse analyst Michael Nemeroff today. The company’s shares closed yesterday at $11.70, close to its 52-week high of $12.30.

According to TipRanks.com, Nemeroff is a 5-star analyst with an average return of 12.7% and a 55.5% success rate. Nemeroff covers the Technology sector, focusing on stocks such as Synchronoss Technologies, Cornerstone Ondemand, and Verint Systems Inc.

Ooma has an analyst consensus of Hold.

Intuit (NASDAQ: INTU)

RBC Capital analyst Ross MacMillan reiterated a Hold rating on Intuit (NASDAQ: INTU) today and set a price target of $140. The company’s shares closed yesterday at $129.15, close to its 52-week high of $130.10.

According to TipRanks.com, MacMillan is a top 25 analyst with an average return of 24.0% and a 86.7% success rate. MacMillan covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Intralinks Holdings, and Palo Alto Networks.

Intuit has an analyst consensus of Moderate Buy, with a price target consensus of $140.25.

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