ServiceTitan Inc. (NASDAQ:TTAN) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of ServiceTitan Inc. (NASDAQ:TTAN) have been given an average recommendation of “Moderate Buy” by the fourteen research firms that are presently covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $116.17.

Several research firms have recently issued reports on TTAN. The Goldman Sachs Group began coverage on shares of ServiceTitan in a research report on Monday, January 6th. They issued a “neutral” rating and a $100.00 price target on the stock. Baird R W upgraded ServiceTitan to a “strong-buy” rating in a research report on Friday, December 27th. Canaccord Genuity Group assumed coverage on ServiceTitan in a research report on Monday, January 6th. They issued a “buy” rating and a $120.00 price target for the company. Citigroup increased their price objective on ServiceTitan from $109.00 to $113.00 and gave the stock a “neutral” rating in a report on Tuesday, January 14th. Finally, Stifel Nicolaus began coverage on ServiceTitan in a report on Monday, January 6th. They set a “buy” rating and a $120.00 target price for the company.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in TTAN. New York State Common Retirement Fund purchased a new position in shares of ServiceTitan in the 4th quarter worth about $3,692,000. Principal Financial Group Inc. bought a new stake in ServiceTitan in the 4th quarter worth approximately $25,365,000. Finally, TimesSquare Capital Management LLC purchased a new stake in ServiceTitan in the fourth quarter worth approximately $87,896,000.

ServiceTitan Stock Up 0.8 %

NASDAQ:TTAN opened at $104.01 on Friday. ServiceTitan has a 1 year low of $91.04 and a 1 year high of $112.00.

ServiceTitan (NASDAQ:TTAN) last announced its quarterly earnings data on Monday, January 13th. The company reported ($1.18) earnings per share for the quarter. Equities research analysts anticipate that ServiceTitan will post -1.51 EPS for the current fiscal 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.