BMO Capital Reiterates Outperform Rating on Intuit (INTU)

BMO Capital analyst Daniel Jester reiterated an Outperform rating and $412.00 price target on Intuit (NASDAQ: INTU).

The analyst comments "We believe expectations for FY27 were already embedding moderating growth, and revenue guidance of ~9% was nearly a point lower than our reduced outlook. Against fears that increasing competition brought forth by AI is weighing on the low-end of Intuit's market, the company's plan to re-accelerate customer acquisition across both major lines of business, if successful, could help boost confidence in the durability of growth which has shifted more heavily toward customer monetization in recent years. Remain Outperform rated while acknowledging that catalysts may take time to emerge."

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 $357.46 yesterday.

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