Analysts Set ServiceTitan Inc. (NASDAQ:TTAN) PT at $116.17

ServiceTitan Inc. (NASDAQ:TTAN) has been given a consensus recommendation of “Moderate Buy” by the fourteen research firms that are covering the stock, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $116.17.

TTAN has been the topic of a number of research analyst reports. Piper Sandler initiated coverage on shares of ServiceTitan in a research note on Monday, January 6th. They set an “overweight” rating and a $125.00 price objective on the stock. The Goldman Sachs Group started coverage on ServiceTitan in a research report on Monday, January 6th. They set a “neutral” rating and a $100.00 price target on the stock. Citigroup lifted their price target on ServiceTitan from $109.00 to $113.00 and gave the company a “neutral” rating in a research report on Tuesday, January 14th. Morgan Stanley set a $104.00 target price on ServiceTitan in a report on Tuesday, January 14th. Finally, William Blair initiated coverage on ServiceTitan in a report on Monday, January 6th. They set an “outperform” rating on the stock.

Hedge Funds Weigh In On ServiceTitan

A number of institutional investors have recently bought and sold shares of TTAN. SBI Securities Co. Ltd. purchased a new position in shares of ServiceTitan in the fourth quarter worth approximately $26,000. Assetmark Inc. purchased a new position in ServiceTitan during the 4th quarter worth approximately $67,000. FIL Ltd purchased a new position in ServiceTitan during the 4th quarter worth approximately $67,000. Tower Research Capital LLC TRC purchased a new position in ServiceTitan during the 4th quarter worth approximately $91,000. Finally, Insight Holdings Group LLC purchased a new position in ServiceTitan during the 4th quarter worth approximately $103,000.

ServiceTitan Trading Up 2.8 %

Shares of TTAN opened at $94.94 on Tuesday. ServiceTitan has a one year low of $91.04 and a one year high of $112.00. The company’s fifty day simple moving average is $99.53.

ServiceTitan (NASDAQ:TTAN) last released its earnings results on Monday, January 13th. The company reported ($1.18) EPS for the quarter. Sell-side analysts anticipate that ServiceTitan will post -1.98 EPS for the current year.

ServiceTitan Company Profile

ServiceTitan, Inc engages in the collection of field service activities required to install, maintain, and service the infrastructure and systems of residences and commercial buildings. The company was founded by Ara Mahdessian and Vahe Kuzoyan on June 8, 2008 and is headquartered in Glendale, CA.