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Benzinga
Benzinga
Business
Anusuya Lahiri

Intuit's Soft Guidance Shakes Stock, Analysts Bet On TurboTax, AI For Rebound

Intuit INTU Rishi Jaluria Credit Karma Keybanc
Intuit, Inc.

Intuit (NASDAQ:INTU) shares are trading lower after the company’s first-quarter revenue guidance fell short of estimates. Multiple analysts lowered their price forecasts following the report.

Keybanc analyst Alex Markgraff maintains Intuit as an Overweight and has lowered the price forecast from $850 to $825.

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