Jefferies resets software ratings, downgrades 4 stocks

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William Blair on Intuit (INTU): 'We believe Intuit’s AI capabilities are compelling and quite practical for SMBs'

February 24, 2026 10:48 AM EST

William Blair analyst Arjun Bhatia reiterated an Outperform rating and {REMOVEPT} price target on Intuit (NASDAQ: INTU).

The analyst comments "Partnership builds on Intuits foundation. Though more details will likely emerge during Intuits earnings on February 26, it appears that all transactions encompassed within the Anthropic partnership will be executed inside Intuit and with the security and compliance of its platform. Similar to the OpenAI partnership, Anthropic is developing on the foundation Intuit has built over decades (including its data models, security, and compliance), not replacing it. This should... More