Morgan Stanley upgraded Intuit (INTU) to Overweight from Equal Weight with an unchanged price target of $730, following the fiscal Q2 report. The firm says building momentum in small business, solid yields on the company’s efficiency initiatives and a “conservative” second half of 2025 outlook sets up Intuit for positive estimate revisions near term. Tax concerns look well priced into the shares, the analyst tells investors in a research note. Morgan Stanley sees 25% upside in the shares.
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