Barclays analyst Saket Kalia has revised the price target for Intapp (INTA, Financial) from $68 to $60. This adjustment comes as part of a broader overview of the company's performance in the upcoming first-quarter report. The ratings adjustment is in line with the firm's analysis of 16 companies operating in the spheres of security, design, and vertical software-as-a-service.
Despite the lowered price target, Barclays maintains an "Equal Weight" rating on Intapp shares, suggesting that the stock is expected to perform in line with the overall market. Investors and stakeholders await further insights as the software company's quarterly financials are analyzed.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Intapp Inc (INTA, Financial) is $75.71 with a high estimate of $92.00 and a low estimate of $60.00. The average target implies an upside of 44.96% from the current price of $52.23. More detailed estimate data can be found on the Intapp Inc (INTA) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Intapp Inc's (INTA, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Intapp Inc (INTA, Financial) in one year is $45.46, suggesting a downside of 12.96% from the current price of $52.23. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Intapp Inc (INTA) Summary page.
