Piper Sandler raised the firm’s price target on Intuit (INTU) to $825 from $785 and keeps an Overweight rating on the shares. The firm notes Intuit Q3 results came in well ahead of expectations. The company continues to make progress toward the “done for you experiences,” which is powered by AI and automation and now expects TurboTax Live customer growth of +24% for the year and annual TurboTax Live revenue growth of +47%, in part due to an AI-enhanced interface.
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