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Teachers Retirement System of The State of Kentucky Has $22.05 Million Stock Holdings in Intuit Inc. $INTU
Teachers Retirement System of The State of Kentucky reduced its stake in Intuit Inc. by 11% in the fourth quarter, now holding 33,284 shares valued at $22.05 million. Despite this reduction and some insider selling, Intuit maintains a “Moderate Buy” rating with a consensus target price of $636.10, and its Q4 earnings beat estimates, with strong revenue growth. The article also notes increasing short interest and recent news impacting investor sentiment.