ServiceTitan Inc. (NASDAQ:TTAN - Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 380,642 shares traded hands during trading, an increase of 38% from the previous session's volume of 275,886 shares.The stock last traded at $81.90 and had previously closed at $85.53.
Wall Street Analysts Forecast Growth
A number of analysts have commented on TTAN shares. Morgan Stanley lifted their price target on ServiceTitan from $104.00 to $107.00 and gave the stock an "equal weight" rating in a research report on Friday. Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 price target on shares of ServiceTitan in a research report on Friday. KeyCorp started coverage on ServiceTitan in a research report on Monday, January 6th. They set an "overweight" rating and a $120.00 price target for the company. Loop Capital lowered their price target on ServiceTitan from $105.00 to $90.00 and set a "hold" rating for the company in a research report on Friday. Finally, Citigroup lifted their price objective on ServiceTitan from $109.00 to $113.00 and gave the company a "neutral" rating in a research note on Tuesday, January 14th. Four equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $114.33.
Check Out Our Latest Report on TTAN
ServiceTitan Price Performance
The firm's 50 day moving average price is $97.14.
ServiceTitan (NASDAQ:TTAN - Get Free Report) last announced its quarterly earnings results on Monday, January 13th. The company reported ($1.18) earnings per share for the quarter. As a group, analysts forecast that ServiceTitan Inc. will post -1.98 earnings per share for the current year.
Hedge Funds Weigh In On ServiceTitan
Several institutional investors and hedge funds have recently modified their holdings of the business. Deer Management Co. LLC purchased a new position in shares of ServiceTitan in the 4th quarter valued at about $925,943,000. TPG GP A LLC purchased a new stake in ServiceTitan during the 4th quarter worth approximately $525,405,000. Battery Management Corp. purchased a new stake in ServiceTitan during the 4th quarter worth approximately $496,599,000. Price T Rowe Associates Inc. MD purchased a new stake in ServiceTitan during the 4th quarter worth approximately $233,937,000. Finally, Dragoneer Investment Group LLC purchased a new stake in ServiceTitan during the 4th quarter worth approximately $210,777,000.
ServiceTitan Company Profile
(
Get Free Report)
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.
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