ServiceTitan (NASDAQ:TTAN) Given “Overweight” Rating at Piper Sandler

Piper Sandler reaffirmed their overweight rating on shares of ServiceTitan (NASDAQ:TTAN) in a research note published on Friday morning,Benzinga reports. The brokerage currently has a $125.00 target price on the stock.

Other analysts also recently issued reports about the stock. Truist Financial began coverage on shares of ServiceTitan in a research report on Monday, January 6th. They issued a “buy” rating and a $120.00 price target on the stock. Loop Capital started coverage on shares of ServiceTitan in a report on Monday, January 6th. They set a “hold” rating and a $105.00 target price on the stock. Morgan Stanley raised their target price on shares of ServiceTitan from $104.00 to $107.00 and gave the stock an “equal weight” rating in a report on Friday. Citigroup raised their target price on shares of ServiceTitan from $109.00 to $113.00 and gave the stock a “neutral” rating in a report on Tuesday, January 14th. Finally, KeyCorp started coverage on shares of ServiceTitan in a report on Monday, January 6th. They set an “overweight” rating and a $120.00 target price on the stock. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $114.33.

ServiceTitan Stock Performance

Shares of NASDAQ TTAN opened at $93.00 on Friday. ServiceTitan has a 1 year low of $79.81 and a 1 year high of $112.00. The company has a 50-day simple moving average of $97.14.

ServiceTitan (NASDAQ:TTAN) last issued its earnings results on Monday, January 13th. The company reported ($1.18) earnings per share (EPS) for the quarter. Analysts expect that ServiceTitan will post -1.98 EPS for the current year.

Hedge Funds Weigh In On ServiceTitan

Large investors have recently bought and sold shares of the stock. TimesSquare Capital Management LLC bought a new stake in shares of ServiceTitan during the 4th quarter worth $87,896,000. Battery Management Corp. bought a new stake in shares of ServiceTitan during the 4th quarter worth $496,599,000. Burkehill Global Management LP bought a new stake in ServiceTitan in the 4th quarter valued at about $5,144,000. New York State Common Retirement Fund bought a new stake in ServiceTitan in the 4th quarter valued at about $3,692,000. Finally, Principal Financial Group Inc. bought a new stake in ServiceTitan in the 4th quarter valued at about $25,365,000.

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.