Intapp, Inc. (INTA) saw its shares plummet 5.15% during Thursday's intraday trading session, reflecting significant selling pressure on the stock.

The sharp decline appears to be driven by negative analyst actions, with both Citigroup and Barclays cutting their price targets for the company. Citigroup lowered its target to $36 from $49, while Barclays reduced its target to $35 from $46.

These substantial downward revisions in price targets, coupled with Barclays maintaining an Underweight rating on the stock, contributed to negative market sentiment and prompted investors to sell their positions during the trading session.