ServiceTitan Inc. (NASDAQ:TTAN - Get Free Report) gapped up prior to trading on Friday after Morgan Stanley raised their price target on the stock from $104.00 to $107.00. The stock had previously closed at $82.34, but opened at $87.02. Morgan Stanley currently has an equal weight rating on the stock. ServiceTitan shares last traded at $89.81, with a volume of 103,032 shares changing hands.
Several other brokerages also recently issued reports on TTAN. Piper Sandler assumed coverage on ServiceTitan in a report on Monday, January 6th. They issued an "overweight" rating and a $125.00 price target for the company. Robert W. Baird assumed coverage on shares of ServiceTitan in a research report on Friday, December 27th. They issued an "outperform" rating and a $117.00 price objective for the company. The Goldman Sachs Group assumed coverage on shares of ServiceTitan in a research report on Monday, January 6th. They issued a "neutral" rating and a $100.00 price objective for the company. KeyCorp assumed coverage on shares of ServiceTitan in a research report on Monday, January 6th. They issued an "overweight" rating and a $120.00 price objective for the company. Finally, Loop Capital assumed coverage on shares of ServiceTitan in a research report on Monday, January 6th. They issued a "hold" rating and a $105.00 price objective for the company. Four investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $114.33.
Check Out Our Latest Analysis on TTAN
Hedge Funds Weigh In On ServiceTitan
A number of large investors have recently bought and sold shares of TTAN. SBI Securities Co. Ltd. acquired a new stake in shares of ServiceTitan in the fourth quarter valued at approximately $26,000. Assetmark Inc. acquired a new position in ServiceTitan in the fourth quarter worth approximately $67,000. FIL Ltd acquired a new position in ServiceTitan in the 4th quarter worth approximately $67,000. Tower Research Capital LLC TRC acquired a new position in ServiceTitan in the 4th quarter worth approximately $91,000. Finally, Insight Holdings Group LLC acquired a new position in ServiceTitan in the 4th quarter worth approximately $103,000.
ServiceTitan Stock Performance
The firm's 50 day simple moving average is $97.07.
ServiceTitan (NASDAQ:TTAN - Get Free Report) last released its quarterly earnings results on Monday, January 13th. The company reported ($1.18) earnings per share for the quarter. On average, equities research analysts anticipate that ServiceTitan Inc. will post -1.98 earnings per share for the current year.
About ServiceTitan
(
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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