The firm has a $105 price target on shares of the Mountain View, CA-based provider of business and financial management solutions.
The lower rating is due to full valuation. Morgan Stanley believes fiscal 2017 guidance is achievable, but does not expect much margin expansion after fiscal 2018, the Fly reports.
About 2.11 million of the company's shares traded today vs. its average volume of 1.43 million shares per day.
Separately, TheStreet Ratings Team has a "Buy" rating with a score of B on the stock.
The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, solid stock price performance, impressive record of earnings per share growth and expanding profit margins.
The team believes its strengths outweigh the fact that the company has had sub par growth in net income.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: INTU