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 […] View the full post at: Notable Downgrades: Intuit (INTU), The Gap, Inc. (GPS), Hewlett-Packard (HPQ), Macrocure Ltd. (MCUR), The Fresh Market (TFM) Related posts: Microsoft, Hewlett-Packard Increase Stock Buybacks Hewlett-Packard Earnings Drop 19% Tax Time is Intuit’s Favorite Time