Intuit Shares Soar 1.51% on Bullish Analyst Ratings

Intuit (INTU) shares surged 1.51% today, marking the fourth consecutive day of gains, with a total increase of 9.72% over the past four days. The stock price reached its highest level since February 2025, with an intraday gain of 1.69%.

Analysts from Morgan Stanley have maintained a "buy" rating for Intuit, setting a target price of $720. This rating reflects a positive outlook on the company's future performance. Similarly, Goldman Sachs has adjusted its price target for Intuit to $750, up from a previous lower value, indicating confidence in the company's prospects. HSBC Global Research has also upgraded Intuit to a "strong-buy" rating, further bolstering investor optimism.

Jefferies Financial Group, while reducing their target price for Intuit shares from $800 to $735, has maintained a "buy" rating. This adjustment suggests a slightly tempered but still positive outlook on the company's performance. Overall, the average rating for IntU stock among analysts is "buy," with a 12-month stock price forecast of $718.89, representing a potential increase of 16.93%.