Intapp shares are trading lower after Barclays downgraded the stock from Overweight to Equal-Weight and maintained its $44 price target.
Portfolio Pulse from Benzinga Newsdesk
Intapp shares declined following a downgrade by Barclays from Overweight to Equal-Weight, with the price target remaining at $44.
October 07, 2024 | 4:57 pm
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NEGATIVE IMPACT
Intapp's stock was downgraded by Barclays from Overweight to Equal-Weight, causing a decline in its share price. The price target remains at $44.
The downgrade by Barclays is a significant factor for investors, as it suggests a less bullish outlook on Intapp's stock. The unchanged price target of $44 indicates that Barclays does not expect significant upside in the near term, leading to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100