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Intuit (INTU) volatility increasing into results and guidance

May 17, 2011 8:56 AM EDT
Intuit (Nasdaq: INTU) is expected to release Q1 results on May 19. Jefferies raised its price target and reiterated a Buy rating on Intuit. May call option implied volatility is at 53, June is at 48; compared its six-month average of 31 according to Track Data.


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