JP Morgan Maintains Overweight Rating on Intuit

After meeting with Intuit (NASDAQ: INTU) CEO, Neil Williams, JP Morgan published a report reiterating its Overweight rating.

The report states, “Yesterday we had a chance to spend time with Intuit CFO Neil Williams, and took away a couple of new reasons why we think Intuit can continue to provide double-digit growth and margin expansion even in light of tough macro issues”.

INTU closed yesterday at $51.99.