Stifel lowered the firm’s price target on Intapp (INTA) to $65 from $75 and keeps a Buy rating on the shares. While broader macro uncertainty has weighed on the software group ahead of this earnings season, the firm believes Intapp’s near-term fundamental picture remains unchanged given the end-markets the company serves and its expanding platform, though the firm is trimming is price target due to multiple compression.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INTA:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue