Stifel lowered the firm’s price target on Intapp (INTA) to $60 from $65 and keeps a Buy rating on the shares. The firm is adjusting estimates to reflect lower on-premise license revenue in FY26 and beyond ahead of the company’s fiscal Q4 report, the analyst tells investors in a preview. However, the firm remains confident in the company’s long-term positioning and the potential for AI to serve as an incremental expansion driver, the analyst added.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INTA: