Intapp, Inc. (NASDAQ:INTA) Receives $37.75 Average Target Price from Analysts

Shares of Intapp, Inc. (NASDAQ:INTAGet Rating) have earned a consensus recommendation of “Buy” from the nine research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating and six have given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $37.75.

A number of equities research analysts have issued reports on INTA shares. Zacks Investment Research downgraded shares of Intapp from a “hold” rating to a “sell” rating in a research note on Thursday. Piper Sandler reduced their price target on shares of Intapp from $36.00 to $31.00 and set an “overweight” rating on the stock in a research note on Thursday, January 13th. JPMorgan Chase & Co. reduced their price target on shares of Intapp from $50.00 to $42.00 in a research note on Thursday, February 10th. Raymond James cut their target price on shares of Intapp from $41.00 to $32.00 and set an “outperform” rating on the stock in a research report on Thursday, February 10th. Finally, Credit Suisse Group cut their price target on shares of Intapp from $45.00 to $35.00 in a report on Thursday, February 10th.

Shares of INTA opened at $24.94 on Wednesday. The company’s 50-day moving average is $23.52 and its 200-day moving average is $24.22. Intapp has a fifty-two week low of $17.07 and a fifty-two week high of $40.91.

Intapp (NASDAQ:INTAGet Rating) last released its quarterly earnings results on Wednesday, February 9th. The company reported ($0.34) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.37) by $0.03. The business had revenue of $64.70 million during the quarter, compared to analyst estimates of $58.65 million. Equities research analysts anticipate that Intapp will post -1.5 EPS for the current fiscal year.

A number of institutional investors have recently modified their holdings of INTA. Strs Ohio acquired a new stake in Intapp during the 3rd quarter worth about $59,000. SG Americas Securities LLC bought a new position in shares of Intapp during the 3rd quarter worth about $125,000. New York State Common Retirement Fund bought a new position in shares of Intapp during the 3rd quarter worth about $46,000. Deutsche Bank AG bought a new position in shares of Intapp during the 3rd quarter worth about $164,000. Finally, Jennison Associates LLC boosted its position in shares of Intapp by 12.1% during the 3rd quarter. Jennison Associates LLC now owns 532,271 shares of the company’s stock worth $13,711,000 after purchasing an additional 57,271 shares in the last quarter. Hedge funds and other institutional investors own 81.98% of the company’s stock.

Intapp Company Profile (Get Rating)

Intapp, Inc, through its subsidiary, Integration Appliance, Inc, provides industry-specific cloud-based software solutions for the professional and financial services industry in the United States, the United Kingdom, and internationally. Its solutions include DealCloud, a deal and relationship management solution that manages financial services firms' market relationships, prospective clients and investments, current engagements and deal processes, and operations and compliance activities; and OnePlace, a solution to manage various aspects of professional services firms' client and engagement lifecycle.

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Analyst Recommendations for Intapp (NASDAQ:INTA)

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