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0.00392761958198902 0.0107608760996333 0.00595154599923846 0.00951846582369797 0.00278540368314527 0.00693345089473575 0.0115023144901108 0.00482936897581301
Stock impact report

Mizuho Calls AI Tax Filing Worries Overblown for Intuit (INTU) [Yahoo! Finance]

Intuit Inc. (INTU) 
Last intuit inc. earnings: 2/24 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.intuit.com
Company Research Source: Yahoo! Finance
rating and $875 price target for Intuit Inc. (NASDAQ:INTU), despite a share dip caused by recent concerns about artificial intelligence disruption. The firm stated that INTU shares had fallen after the launch of Claude Cowork and online rumors that users would file taxes using AI. Mizuho saw such worries as “overblown” and likened them to prior doubts about OpenAI and “ChatGPT filing taxes,” which were subsequently alleviated once Intuit collaborated with OpenAI to incorporate the TurboTax process. In a similar vein, Intuit Inc. (NASDAQ:INTU) also opened a new TurboTax flagship store in New York City's SoHo neighborhood, representing a substantial rise from almost 600 Expert Office locations to 20 TurboTax stores across the country. This approach combines digital tax filing with in-person expertise, resulting in a more efficient tax experience. Intuit Inc. (NASDAQ:INTU) provides financial management, payments & capital, compliance, and marketing products and services in the US. Show less Read more
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