Intapp, Inc. (NASDAQ:INTA) Given Consensus Recommendation of “Buy” by Brokerages

Shares of Intapp, Inc. (NASDAQ:INTA) have earned an average rating of “Buy” from the eleven analysts that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating and ten have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $42.60.

A number of equities analysts recently commented on INTA shares. Oppenheimer increased their price target on Intapp from $35.00 to $41.00 and gave the company an “outperform” rating in a research note on Thursday, September 9th. Piper Sandler increased their price target on Intapp from $38.00 to $43.00 and gave the company an “overweight” rating in a research note on Thursday, September 9th. Truist Securities increased their price target on Intapp from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Thursday, September 9th. Raymond James increased their price target on Intapp from $36.00 to $41.00 and gave the company an “outperform” rating in a research note on Thursday, September 9th. Finally, Truist Financial started coverage on Intapp in a research note on Monday, July 26th. They set a “buy” rating and a $40.00 price target for the company.

Shares of NASDAQ INTA traded up $0.68 during mid-day trading on Friday, reaching $25.24. The company’s stock had a trading volume of 2,042 shares, compared to its average volume of 249,187. The firm’s fifty day simple moving average is $32.33. Intapp has a 52 week low of $22.50 and a 52 week high of $40.91.

Intapp (NASDAQ:INTA) last released its quarterly earnings data on Tuesday, September 7th. The company reported ($0.19) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.48) by $0.29. On average, sell-side analysts forecast that Intapp will post -1.36 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently modified their holdings of INTA. FMR LLC purchased a new stake in shares of Intapp in the second quarter worth approximately $47,571,000. Citadel Advisors LLC purchased a new position in Intapp during the 2nd quarter worth $17,487,000. Artemis Investment Management LLP purchased a new position in Intapp during the 2nd quarter worth $14,362,000. Jennison Associates LLC purchased a new position in Intapp during the 2nd quarter worth $13,300,000. Finally, Millennium Management LLC purchased a new position in Intapp during the 2nd quarter worth $10,197,000. Hedge funds and other institutional investors own 84.50% of the company’s stock.

About Intapp

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. The company's 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 a professional services firm's client and engagement lifecycle.

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Analyst Recommendations for Intapp (NASDAQ:INTA)

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