Intapp, Inc (INTA) PT Raised to $77 at Truist Securities; 'Focus on Attractive SaaS Rev Growth'

Truist Securities analyst Terry Tillman raised the price target on Intapp, Inc (NASDAQ: INTA) to $77.00 (from $55.00) while maintaining a Buy rating.

The analyst said: "We recast our model to align w/ the co’s recently updated rev segmentation across SaaS rev, license rev (upfront portion of on-prem contracts & on-prem support) and prof services rev. This compares to previous rev segmentation including SaaS & support rev, subscription license & prof services. We believe SaaS rev along w/ cloud ARR represent key financial metrics, and progress on non-GAAP EBIT & FCF, likely drives future stock action. We stay constructive on the co achieving 20%+ growth in SaaS & cloud ARR. Reit Buy. Higher $77 PT based on shift to FY26 ests. Importantly, no change to overall ests just updated rev segmentation in model."

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