Intuit price target raised to $795 from $690 at Stifel

Stifel analyst Brad Reback raised the firm’s price target on Intuit to $795 from $690 and keeps a Buy rating on the shares after the company delivered “a solid 4Q print,” beating estimates on the top and bottom-lines. The firm believes the company is well positioned to post upside near-term and benefit medium-term from a mix-shift and pricing for value as Live, AI and mid-market growth initiatives take shape, the analyst tells investors in a post-earnings note.