Intuit Inc. is trading 10.2% down at $317.62 after Goldman Sachs downgraded the stock to "Sell" from "Neutral" on June 2, 2026.
- The downgrade cites concerns over heightened competition in the tax preparation market.
- This adds to existing pressure from a securities fraud investigation by Bleichmar Fonti & Auld LLP concerning pricing disclosures from the fiscal Q3 2026 tax season.