Intapp price target lowered to $25 from $33 at Piper Sandler

Piper Sandler analyst Patrick Moley lowered the firm’s price target on Intapp (INTA) to $25 from $33 on recent peer group multiple contraction, while keeping an Overweight rating on the shares. The biggest incremental takeaways from investor day, in the firm’s view, were its new model-agnostic agentic AI platform, Celeste, and FY29 financial targets. Piper thinks Intapp is well positioned to capitalize on AI deployment across its highly regulated professional services client segments as it leverages proprietary data, compliance expertise, and partnerships with large AI labs.