BMO Capital lowered the firm’s price target on Intuit (INTU) to $624 from $810 but keeps an Outperform rating on the shares. The firm’s annual survey of US tax filers showed generally favorable trends for TurboTax, with strong metrics for Full Service, the expanded local strategy, and a constructive upsell/cross-sell opportunity that should materially help against a difficult “Live” comp for FY26 results later this month, the analyst tells investors in a research note.
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