J.P. Morgan Reports TurboTax Units Growing Inline (INTU, HRB)

J.P. Morgan has issued a report stating that Intuit's INTU TurboTax units are growing inline with the digital category.

According to the report, "TurboTax online units accelerated to 30% growth from February 12th-March 12th, inline with the 30% growth H&R Block (HRB) saw in its online unit sales through February 28th."

INTU has an Overweight Rating and closed at $48.51 yesterday.