Barclays analyst Raimo Lenschow raised the firm’s price target on Intuit to $745 from $735 and keeps an Overweight rating on the shares following the “solid” Q2 report. While the results “seem healthy enough, we do not see this print as a thesis changer,” the analyst tells investors in a research note. The firm sees a muted immediate share price response either way, before investors shift focus to the tax season.
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