KeyBanc analyst Josh Beck raised the firm’s price target on Intuit to $425 from $400 and keeps an Overweight rating on the shares. The analyst believes the runway in QuickBooks remains substantial with a multitude of growth drivers including greater adoption of FinTech services, mid-market/international expansion, and Mailchimp GTM efficiency gains, buffeting potential macro headwinds to a degree.
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Published first on TheFly
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