Intuit price target raised to $625 from $540 at UBS

UBS raised the firm’s price target on Intuit to $625 from $540 and keeps a Neutral rating on the shares. Intuit’s print was largely consistent with expectations at a high-level, the analyst tells investors in a research note. UBS applauds Intuit’s execution, but says that it seems tougher to model second half 2024 Online Ecosystem revenue growth much higher than 20% year over year unless the environment improves.