Shares of Intuit Inc. gained more than 6 percent Wednesday and hit a new 52-week high of $140.25 in reaction to the company's earnings report. Some analysts are taking the report to reinforce a bullish stance, including Bank of America's a>">Kash Rangan who maintained a Buy rating with a price target raised from $130 to $145. According to Rangan, Intuit's "strong" fiscal third-quarter earnings report consisted of beats across many metrics, including revenue, earnings per share, subscriber growth. Moreover, the company's fiscal fourth-quarter sales guidance came in ahead of expectations and also guided its full year Quickbook subscriber base 100,000 higher than its prior guide to 2.3 million.Source