Intuit stock price slips today after analyst target cuts; Mailchimp ecommerce push in focus
Intuit shares fell 0.7% to $434.58 Tuesday, trading between $429.22 and $450.99 as BMO and TD Cowen cut price targets but kept positive ratings. Analysts cited tax-season trends and AI risks. Investors are watching Mailchimp’s new ecommerce tools and upcoming quarterly results for signs of demand. Thirty-day implied volatility in software stocks stayed elevated.