Intapp price target raised to $44 from $43 at Barclays

Barclays raised the firm’s price target on Intapp to $44 from $43 and keeps an Overweight rating on the shares post the fiscal Q1 report. Intapp reported net new cloud annual recurring revenue higher than estimates with accelerating growth, and it sounds like this came from better net retention within enterprise accounts in particular, the analyst tells investors in a research note.