ServiceTitan’s (TTAN) Overweight Rating Reiterated at Piper Sandler

Piper Sandler restated their overweight rating on shares of ServiceTitan (NASDAQ:TTAN) in a report published on Friday,Benzinga reports. They currently have a $125.00 target price on the stock.

A number of other research firms have also issued reports on TTAN. Canaccord Genuity Group initiated coverage on shares of ServiceTitan in a research note on Monday, January 6th. They set a “buy” rating and a $120.00 target price for the company. Wells Fargo & Company began coverage on shares of ServiceTitan in a report on Monday, January 6th. They issued an “overweight” rating and a $125.00 target price on the stock. Loop Capital initiated coverage on shares of ServiceTitan in a report on Monday, January 6th. They issued a “hold” rating and a $105.00 target price on the stock. Citigroup boosted their price target on shares of ServiceTitan from $109.00 to $113.00 and gave the company a “neutral” rating in a report on Tuesday, January 14th. Finally, Baird R W upgraded shares of ServiceTitan to a “strong-buy” rating in a report on Friday, December 27th. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $114.33.

ServiceTitan Stock Up 12.9 %

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

ServiceTitan (NASDAQ:TTAN) last posted its quarterly earnings results on Monday, January 13th. The company reported ($1.18) EPS for the quarter. On average, equities analysts expect that ServiceTitan will post -1.98 EPS for the current year.

Hedge Funds Weigh In On ServiceTitan

Hedge funds have recently made changes to their positions in the business. SBI Securities Co. Ltd. acquired a new position in shares of ServiceTitan in the 4th quarter valued at $26,000. Assetmark Inc. acquired a new stake in shares of ServiceTitan during the 4th quarter worth about $67,000. FIL Ltd acquired a new stake in shares of ServiceTitan during the 4th quarter worth about $67,000. Tower Research Capital LLC TRC acquired a new stake in shares of ServiceTitan during the 4th quarter worth about $91,000. Finally, Insight Holdings Group LLC acquired a new stake in shares of ServiceTitan during the 4th quarter worth about $103,000.

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.