BMO on Intuit (INTU): 'We think the case for upside against our ~8% FY26 growth outlook has become somewhat better'

BMO Capital analyst Daniel Jester reiterated an Outperform rating and $550.00 price target on Intuit (NASDAQ: INTU).

The analyst comments "Our constructive view of Intuit's positioning for the US tax season continues in our reading of season-to-date trends and data. The slower start to the IRS return season has shown some improvements, and underlying trends look reasonable for Intuit ahead of the usual back-half re-acceleration in filings into April. We think the case for upside against our ~8% FY26 growth outlook has become somewhat better appreciated by investors since 2Q results, although like many peers, some of the bear-case AI-related worries may be difficult to fully overcome near term."

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 $457.02 yesterday.

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