BTIG Maintains Buy on Intapp, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Matt VanVliet maintains a Buy rating on Intapp (NASDAQ:INTA) but lowers the price target from $55 to $50.
May 08, 2024 | 4:43 pm
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NEUTRAL IMPACT
BTIG maintains a Buy rating on Intapp but lowers the price target from $55 to $50.
The adjustment in price target by BTIG, while maintaining a Buy rating, suggests a positive outlook on Intapp's fundamentals but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock price as the market digests the revised target alongside the maintained confidence in the company's prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100