Barclays raised the firm’s price target on Intapp (INTA) to $47 from $44 and keeps an Underweight rating on the shares. The company reported better annual recurring revenue driven by cloud as on-premise customers continue to migrate, the analyst tells investors in a research note.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on INTA:
- Intapp’s Strong Growth and AI Strategy Justify Buy Rating and $75 Price Target
- Intapp Reports Strong Growth in SaaS and Cloud Revenue
- Closing Bell Movers: CoreWeave down 10% despite revenue beat, guidance raise
- Intapp Announces $150 Million Stock Repurchase Program
- Intapp announces $150M stock buyback