UBS analyst Taylor McGinnis raised the firm’s price target on Intuit to $670 from $625 and keeps a Neutral rating on the shares ahead of the Q3 earnings print. The price target increase reflects the strong Consumer revenue growth potential and possibly softer Small Business and Self Employed demand outlook, the analyst tells investors in a research note. UBS remains Neutral due to the concern there may may not be much upside to Q4 Small Business and Self Employed revenue given the challenging demand backdrop.
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