Intapp price target raised to $38 from $32 at Truist

Truist analyst Terry Tillman raised the firm’s price target on Intapp to $38 from $32 and keeps a Buy rating on the shares after its "impressive" Q2 earnings beat and guidance. The analyst is "incrementally more confident" in the multi-year attractive cloud ARR and SaaS & Support Revenue growth prospects for the company thanks to its strong leadership position with the industry cloud solutions and resilient/stable end markets associated with global private capital and professional services organizations.