Jefferies Raises Intuit (INTU) Price Target, Keeps Buy Rating
From Yahoo Finance: 2025-05-24 17:00:00
Jefferies analyst Brent Thill raised Intuit Inc. (INTU) price target from $735 to $850, maintaining a “Buy” rating. The company’s strong performance led to surpassing revenue expectations for three consecutive quarters.
Intuit Inc. (INTU) increased fiscal year 2025 guidance to 15% growth, up from 12-13%. TurboTax Live and Credit Karma contributed to this improvement with significant market share and strong growth.
Intuit Inc. (INTU) plans to launch new products with advanced AI in fiscal year 2026, expected to be priced higher. Analysts see strong results in Q3 of fiscal 2025 and believe innovative new products justify the increased price target.
While INTU shows investment potential, some AI stocks may offer higher returns with limited downside risk. Consider exploring other promising AI stocks for potential gains.
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