INTUIT INC (INTU) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of INTUIT INC (INTU) from NEUTRAL to UNDERPERFORM on August 26, 2013, with a target price of $62.20.

Intuit's mission is to revolutionize how people manage their financial activities. The company's objective is to greatly expand the world of electronic finance. Electronic finance encompasses three types of products and services: desktop software products that operate on customers' personal computers to automate financial tasks products and services that are delivered via the Internet and products and services that connect Internet-based services with desktop software to enable customers to integrate their financial activities.

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