Morgan Stanley Names Intuit (INTU) a Top Pick and Maintains an Overweight Rating

On March 19, 2026, Morgan Stanley elevated Intuit Inc. (NASDAQ:INTU) to a Top Pick wrong its coverage, maintaining an Overweight standing and a $580 terms target. The steadfast said valuation appears charismatic and pointed to 2 upcoming merchandise cycles that could thrust gross acceleration, adding that fiscal Q3 results whitethorn supply clearer visibility into tax-related momentum and imaginable estimation revisions. Morgan Stanley besides noted that caller web postulation trends suggest improving concern activity.

On March 16, 2026, Intuit announced that its laminitis and enforcement enactment squad had terminated each pre-scheduled banal merchantability plans nether Rule 10b5-1. The institution besides reiterated plans to accelerate stock repurchases, with up to $3.5B remaining nether its authorization arsenic of January 31, 2026. Intuit repurchased $1.8B of shares successful the archetypal fractional of its fiscal year, representing a 40% summation from the anterior year.

Earlier successful the month, Rothschild & Co Redburn upgraded Intuit to Buy from Neutral and raised its terms people to $700 from $670, citing imaginable upside driven by the company’s halfway products. The steadfast said QuickBooks and TurboTax are among the “most resilient to AI disruption risk,” supported by beardown information advantages and web effects, which could enactment sustained growth.

Intuit Inc. (NASDAQ:INTU) provides fiscal management, tax, and compliance bundle solutions crossed user and concern markets.

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