Intuit Jumps 5.5% Amid Sector-Wide Rally

Intuit Inc. (INTU) surged 5.5% to $330.12, reflecting a broad rally across the software sector that also saw gains for Salesforce, Adobe, and Roper Technologies. Despite recent analyst caution and price target cuts for Intuit, the stock's strong performance was driven by synchronized sector momentum and increased investor appetite for software names. The rally, marked by 1.8M shares traded and a market cap expansion to $90.3B, suggests institutional investors may be diverging from sell-side research, highlighting a broader trend rather than company-specific news.