Intuit price target raised to $575 from $525 at Deutsche Bank

Deutsche Bank raised the firm’s price target on Intuit to $575 from $525 and keeps a Buy rating on the shares. The company reported strong fiscal Q4 results that were led by outperformance in its Small Business unit, the analyst tells investors in a research note. The firm sees Intuit’s artificial intelligence-driven expert platform powering accelerated innovation with leverage, thus enabling sustained mid-teens or better earnings growth.