ServiceTitan’s (TTAN) “Buy” Rating Reiterated at Needham & Company LLC

Needham & Company LLC restated their buy rating on shares of ServiceTitan (NASDAQ:TTAN) in a report issued on Friday,Benzinga reports. Needham & Company LLC currently has a $125.00 price objective on the stock.

TTAN has been the topic of a number of other research reports. Wells Fargo & Company assumed coverage on shares of ServiceTitan in a research report on Monday, January 6th. They issued an “overweight” rating and a $125.00 price target on the stock. Robert W. Baird initiated coverage on shares of ServiceTitan in a research note on Friday, December 27th. They issued an “outperform” rating and a $117.00 price objective for the company. KeyCorp initiated coverage on shares of ServiceTitan in a research note on Monday, January 6th. They issued an “overweight” rating and a $120.00 price objective for the company. The Goldman Sachs Group initiated coverage on shares of ServiceTitan in a research note on Monday, January 6th. They issued a “neutral” rating and a $100.00 price objective for the company. Finally, Stifel Nicolaus initiated coverage on shares of ServiceTitan in a research note on Monday, January 6th. They issued a “buy” rating and a $120.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $114.33.

ServiceTitan Stock Performance

TTAN stock opened at $93.00 on Friday. ServiceTitan has a 12 month low of $79.81 and a 12 month high of $112.00. The firm has a 50-day moving average price of $97.14.

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

Institutional Trading of ServiceTitan

Several large investors have recently added to or reduced their stakes in TTAN. Deer Management Co. LLC bought a new stake in shares of ServiceTitan during the 4th quarter valued at $925,943,000. TPG GP A LLC bought a new stake in shares of ServiceTitan during the 4th quarter valued at $525,405,000. Battery Management Corp. bought a new stake in shares of ServiceTitan during the 4th quarter valued at $496,599,000. Price T Rowe Associates Inc. MD bought a new stake in shares of ServiceTitan during the 4th quarter valued at $233,937,000. Finally, Dragoneer Investment Group LLC bought a new stake in shares of ServiceTitan during the 4th quarter valued at $210,777,000.

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.