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Jefferies analysis indicates beat for Intuit’s TurboTax

Jefferies says an analysis of TurboTax user reviews indicates the mix from highest priced full service product more than doubled to 53% from 21% last year. This suggests Intuit’s (INTU) fiscal 2026 TurboTax revenue is highly likely to beat its 8% growth guidance, the analyst tells investors in a research note. Jefferies finds the shares attractive following the 41% selloff year-to-date. It keeps a Buy rating on the shares with a $650 price target

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