In a report published Wednesday, Morgan Stanley analyst Jennifer Swanson Lowe reiterated an Underweight rating and $72.00 price target on Intuit Inc. INTU.
In the report, Morgan Stanley noted, "A bumpy start to Tax season adds downside risk to INTU's Q2 results and FY15 guidance. We expect Small Business to be more inline, which is the focus for INTU bulls, but any negative revisions, tax-driven or otherwise, could be a headwind for the stock."
Intuit Inc. closed on Tuesday at $90.09.
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