ServiceTitan Inc. (NASDAQ:TTAN) Given Consensus Rating of "Moderate Buy" by Analysts

ServiceTitan Inc. (NASDAQ:TTAN - Get Free Report) has earned a consensus rating of "Moderate Buy" from the fourteen research firms that are presently covering the firm, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $116.17.

Several brokerages have recently issued reports on TTAN. Robert W. Baird began coverage on shares of ServiceTitan in a research note on Friday, December 27th. They set an "outperform" rating and a $117.00 price objective for the company. Morgan Stanley began coverage on shares of ServiceTitan in a research note on Monday, January 6th. They set an "equal weight" rating and a $104.00 price objective for the company. Canaccord Genuity Group began coverage on shares of ServiceTitan in a research note on Monday, January 6th. They set a "buy" rating and a $120.00 price objective for the company. Truist Financial began coverage on shares of ServiceTitan in a research note on Monday, January 6th. They set a "buy" rating and a $120.00 price objective for the company. Finally, Citigroup boosted their price objective on shares of ServiceTitan from $109.00 to $113.00 and gave the company a "neutral" rating in a research note on Tuesday, January 14th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. TimesSquare Capital Management LLC bought a new position in shares of ServiceTitan in the fourth quarter valued at approximately $87,896,000. Principal Financial Group Inc. acquired a new position in shares of ServiceTitan during the fourth quarter valued at approximately $25,365,000. Finally, New York State Common Retirement Fund acquired a new position in shares of ServiceTitan during the fourth quarter valued at approximately $3,692,000.

ServiceTitan Stock Performance

Shares of ServiceTitan stock traded up $0.45 during trading on Friday, hitting $103.22. 126,287 shares of the company were exchanged, compared to its average volume of 288,909. ServiceTitan has a fifty-two week low of $91.04 and a fifty-two week high of $112.00.

ServiceTitan (NASDAQ:TTAN - Get Free Report) last released its earnings results on Monday, January 13th. The company reported ($1.18) EPS for the quarter. On average, analysts anticipate that ServiceTitan will post -1.51 EPS for the current year.

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.