Intuit price target raised to $750 from $725 at Wells Fargo

Wells Fargo analyst Michael Turrin raised the firm’s price target on Intuit to $750 from $725 and keeps an Overweight rating on the shares. Wells sees a favorable setup for Intuit in the near-term given a likely return to normal for tax growth and the scarcity of large cap software companies delivering upward EPS revisions, the analyst tells investors in a research note.