Intuit price target raised to $640 from $600 at JPMorgan

JPMorgan raised the firm’s price target on Intuit (INTU) to $640 from $600 and keeps a Neutral rating on the shares. The company’s fiscal Q1 results come in ahead of estimates, but Q2 total revenue and operating income were guided below the Street while the fiscal 2025 guidance framework is unchanged, the analyst tells investors in a research note.