Morgan Stanley analyst Keith Weiss raised the firm’s price target on Intuit (INTU) to $900 from $785 and keeps an Overweight rating on the shares. The firm’s deep dive into the $6B mid-market Enterprise Resource Planning and accounting software market leads it to view Intuit as “best-positioned,” but also leaves it seeing “plenty of runway” for Sage (SGPYY) and Xero (XROLF) too, the analyst tells investors.
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