BMO Capital Reiterates Outperform Rating on Intuit (INTU)

BMO Capital analyst Daniel Jester reiterated an Outperform rating and $760.00 price target on Intuit (NASDAQ: INTU).

The analyst commented: "Reflecting on the company’s recent analyst day we frame eight additional charts which inform some of the medium-term trends impacting the growth opportunity. We see a mix of both offense (such as more aggressively expanding in the mid-market in QB ecosystem) and defense (acknowledging the need to improve the value proposition for some low-end tax filers) each helping drive the double-digit durable growth opportunity even in a choppy macro, supported by Intuit’s foundational AI-centric platform."

For an analyst ratings summary and ratings history on Intuit click here. For more ratings news on Intuit click here.

Shares of Intuit closed at $619.03 yesterday.

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