Intuit: Intuit Could Generate Multiyear Growth, BofA Says

Intuit Inc. (NASDAQ: INTU) reported robust results for its fiscal first quarter and significantly raised it guidance for fiscal 2022. Intuit's fiscal first-quarter results highlight the company should be able to sustain its organic durable growth in the mid to high teens, according to BofA Securities. The Intuit Analyst: Brad Sills maintained a Buy rating for Intuit, while raising the price target from $640 to $820. The Intuit Thesis: The company's prospects are driven by "accelerating trends" ...Full story available on Benzinga.com