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Intuit price target raised to $880 from $825 at Wells Fargo

Wells Fargo analyst Michael Turrin raised the firm’s price target on Intuit (INTU) to $880 from $825 and keeps an Overweight rating on the shares. The firm recommends investors stay selective through summer in software. However, it ultimately expects another second half of the year rebound across the sector as macro noise dissipates and seasonal buying behavior opens back up.

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