Reported 23 days ago
Mizuho has reaffirmed an 'Outperform' rating for Intuit Inc. (NASDAQ:INTU) with a price target of $875 after the launch of new AI agents for its products. These agents are expected to enhance various services, including Payments, Accounting, and Customer Management, while encouraging upgrades to higher-tier products. Mizuho analysts see this development as a key evolution to streamline small business operations and reduce costs, potentially leading to new monetization opportunities for Intuit.
Source: YAHOO