Intuit's AI Strategy, Upmarket Gains Fuel Analyst Optimism Following Strong Earnings

Wall Street analysts rerated Intuit Inc INTU after the company reported its third-quarter results on Thursday.Intuit reported third-quarter revenue of $7.75 billion, up 15%, beating analyst estimates of$ 7.56 billion. The QuickBooks and TurboTax parent company reported third-quarter adjusted earnings of $11.65 per share, beating analyst estimates of$ 10.91 per share.Also Read: Intuit Under-performance Has Stemmed From Valuation Reset, Analyst Upgrades StockIntuit expects fourth-quarter revenue of $3.72 bill ...