ServiceTitan (NASDAQ:TTAN) Price Target Raised to $107.00

ServiceTitan (NASDAQ:TTAN) had its price objective lifted by Morgan Stanley from $104.00 to $107.00 in a research report sent to investors on Friday,Benzinga reports. They currently have an equal weight rating on the stock.

Several other equities analysts have also recently issued reports on TTAN. The Goldman Sachs Group began coverage on ServiceTitan in a report on Monday, January 6th. They issued a “neutral” rating and a $100.00 price objective for the company. Baird R W raised ServiceTitan to a “strong-buy” rating in a report on Friday, December 27th. Loop Capital began coverage on ServiceTitan in a report on Monday, January 6th. They issued a “hold” rating and a $105.00 price objective for the company. Truist Financial began coverage on ServiceTitan in a report on Monday, January 6th. They issued a “buy” rating and a $120.00 price objective for the company. Finally, Piper Sandler initiated coverage on ServiceTitan in a report on Monday, January 6th. They issued an “overweight” rating and a $125.00 price objective for the company. Four investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $114.33.

ServiceTitan Price Performance

Shares of NASDAQ TTAN opened at $93.00 on Friday. The firm’s fifty day moving average price is $97.14. ServiceTitan has a twelve month low of $79.81 and a twelve month high of $112.00.

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

Institutional Trading of ServiceTitan

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

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.