What is the sentiment of this news? Please choose an answer from {strong negative/moderately negative/mildly negative/neutral/mildly positive/moderately positive/strong positive}.

Intuit stock has fallen below $600 for the first time since October 2021, and is now 18% below its 52-week high in November. Shares are at just over 50x pro forma FY22 EPS. Even assuming a further de-rating to 42x, we believe they can be a good investment.
moderately negative