Wells Fargo Downgrades Intuit (INTU) as “Impossible” 2025 Comparisons Cloud 2026 Growth Outlook

Intuit Inc. (NASDAQ:INTU) is one of the best future stocks to buy for the long term. On January 8, Wells Fargo downgraded Intuit to Equal Weight from Overweight with a price target of $700, which was brought down from $840. The firm suggested that Intuit’s impressive performance in the tax sector last year will be a tough act to follow heading into 2026. A combination of high investor expectations and more difficult year-over-year comparisons creates a stiff uphill climb for the company’s near-term growth. ...