Jefferies raises the target Intuit (InTu) price, maintains the purchase classification

On Friday, May 23, Giveres Brent analyst increased the target price of Intuit Inc. (Nasdaq:IntuFrom $ 735 to $ 850 and maintains the “purchase” classification. This amendment comes after the strong and consistent company performs, as revenue expectations in all sectors exceeded three consecutive quarters.

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Intuit Inc. (NASDAQ: INTU) Its financial directives 2025 to annual growth by 15 %, increasing the previous expectations of 12-13 %. This improvement is mainly due to the growth of Turbotax Live, which has increased its share in the market significantly in the auxiliary tax category. Credit Karma, part of the company’s portfolio, showed a strong growth between 29 % and 36 % on an annual basis in the first three quarters of the fiscal year 2025.

For the fiscal year 2026, Intuit Inc. indicated. (NASDAQ: INTU) that it has plans to launch new products that feature the advanced artificial intelligence agency, which is expected to be higher. Thrill highlighted the strong results of the third quarter of the fiscal year 2025 and promising expectations, with the support of innovative new products on the road. The analyst believes that these factors justify the target price.

While we recognize the possibility of InTu as an investment, our condemnation lies in the belief that some of the artificial intelligence shares have a greater promise to provide higher and limited returns than negative risks. If you are looking for a more promising inventory of INTU and has 100x capabilities, check our report on The cheapest inventory of artificial intelligence.

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Detection: Nothing.