ServiceTitan (NASDAQ:TTAN) Coverage Initiated at Loop Capital

Equities researchers at Loop Capital initiated coverage on shares of ServiceTitan (NASDAQ:TTAN - Get Free Report) in a research note issued to investors on Monday, MarketBeat Ratings reports. The brokerage set a "hold" rating and a $105.00 price target on the stock. Loop Capital's price objective suggests a potential upside of 3.30% from the company's previous close.

A number of other research firms also recently weighed in on TTAN. Canaccord Genuity Group assumed coverage on ServiceTitan in a research report on Monday. They set a "buy" rating and a $120.00 price target for the company. Morgan Stanley assumed coverage on ServiceTitan in a research report on Monday. They set an "equal weight" rating and a $104.00 price target on the stock. Truist Financial began coverage on shares of ServiceTitan in a research report on Monday. They issued a "buy" rating and a $120.00 price objective on the stock. Wells Fargo & Company assumed coverage on ServiceTitan in a research note on Monday. They set an "overweight" rating and a $125.00 target price on the stock. Finally, Needham & Company LLC assumed coverage on shares of ServiceTitan in a research note on Monday. They issued a "buy" rating and a $125.00 price objective for the company. Four research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, ServiceTitan presently has an average rating of "Moderate Buy" and a consensus price target of $115.83.

ServiceTitan Price Performance

Shares of TTAN stock traded down $4.14 during trading hours on Monday, hitting $101.65. 544,400 shares of the company were exchanged, compared to its average volume of 462,166. ServiceTitan has a 52 week low of $94.02 and a 52 week high of $112.00.

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.