Intuit price target raised to $725 from $710 at Wells Fargo

Wells Fargo raised the firm’s price target on Intuit to $725 from $710 and keeps an Overweight rating on the shares. Intuit’s Q2 results mostly held the line, with guidance for the fiscal year left unchanged, consistent with historical patterns, setting the stage for a seasonally strong Q3, the analyst tells investors in a research note.