Morgan Stanley's Adam Holt is cutting his rating on Intuit (INTU -1.2%) to Equal Weight from...

|By:, SA News Editor

Morgan Stanley's Adam Holt is cutting his rating on Intuit (INTU -1.2%) to Equal Weight from Overweight, citing a high valuation and the potential for slower growth in FY2012. Holt sees more upside in Oracle (ORCL) and (interestingly enough, given its sky-high multiples) Salesforce.com (CRM).