Truist Financial Initiates Coverage on ServiceTitan (NASDAQ:TTAN)

Equities research analysts at Truist Financial initiated coverage on shares of ServiceTitan (NASDAQ:TTAN) in a research report issued on Monday, Marketbeat.com reports. The brokerage set a “buy” rating and a $120.00 price target on the stock. Truist Financial’s target price suggests a potential upside of 18.81% from the stock’s previous close.

Several other research firms have also recently weighed in on TTAN. Canaccord Genuity Group began coverage on ServiceTitan in a research report on Monday. They set a “buy” rating and a $120.00 price objective on the stock. Stifel Nicolaus started coverage on shares of ServiceTitan in a research note on Monday. They issued a “buy” rating and a $120.00 price target on the stock. Baird R W upgraded shares of ServiceTitan to a “strong-buy” rating in a research note on Friday, December 27th. Finally, Robert W. Baird assumed coverage on shares of ServiceTitan in a research report on Friday, December 27th. They set an “outperform” rating and a $117.00 target price on the stock. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $115.83.

ServiceTitan Stock Performance

ServiceTitan stock opened at $101.00 on Monday. ServiceTitan has a 12 month low of $94.02 and a 12 month high of $112.00.

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.