J Studios Summary Following my coverage on Intapp (NASDAQ:INTA), for which I recommended a hold rating (in Jun’23) as valuation has become too expensive (8x forward revenue at the time of writing), this post is to provide an update on my thoughts on the business and stock. While I did not downgrade to a sell rating, I believe shifting away from a buy rating was the right decision as valuation continued to trend down as share price fell from $48 (previous update time of writing) to$31 (near my original targ ...