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

ServiceTitan Inc. (NASDAQ:TTAN) has been assigned an average rating of “Moderate Buy” from the fourteen brokerages that are presently covering the stock, Marketbeat reports. Four 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. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $116.17.

Several equities research analysts have commented on TTAN shares. Truist Financial started coverage on ServiceTitan in a research note on Monday, January 6th. They issued a “buy” rating and a $120.00 target price on the stock. William Blair began coverage on shares of ServiceTitan in a research report on Monday, January 6th. They issued an “outperform” rating on the stock. The Goldman Sachs Group initiated coverage on ServiceTitan in a research report on Monday, January 6th. They set a “neutral” rating and a $100.00 price objective on the stock. Citigroup lifted their price objective on shares of ServiceTitan from $109.00 to $113.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 14th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $125.00 price target on shares of ServiceTitan in a research report on Monday, January 13th.

ServiceTitan Price Performance

ServiceTitan stock opened at $102.77 on Friday. ServiceTitan has a 1 year low of $91.04 and a 1 year high of $112.00.

ServiceTitan (NASDAQ:TTAN) last issued its quarterly earnings data on Monday, January 13th. The company reported ($1.18) earnings per share (EPS) for the quarter. Analysts expect that ServiceTitan will post -1.51 earnings per share for the current year.

Institutional Investors Weigh In On ServiceTitan

A hedge fund recently bought a new stake in ServiceTitan stock. New York State Common Retirement Fund acquired a new stake in ServiceTitan Inc. (NASDAQ:TTAN) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 35,889 shares of the company’s stock, valued at approximately $3,692,000.

About ServiceTitan

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.