Needham & Company LLC Reiterates “Buy” Rating for ServiceTitan (NASDAQ:TTAN)

ServiceTitan (NASDAQ:TTANGet Free Report)‘s stock had its “buy” rating reaffirmed by analysts at Needham & Company LLC in a report released on Friday,Benzinga reports. They currently have a $125.00 price target on the stock. Needham & Company LLC’s target price indicates a potential upside of 34.41% from the stock’s previous close.

TTAN has been the subject of a number of other reports. Truist Financial initiated coverage on shares of ServiceTitan in a report on Monday, January 6th. They set a “buy” rating and a $120.00 price target for the company. KeyCorp started coverage on shares of ServiceTitan in a report on Monday, January 6th. They set an “overweight” rating and a $120.00 target price for the company. Citigroup boosted their price target on ServiceTitan from $109.00 to $113.00 and gave the company a “neutral” rating in a report on Tuesday, January 14th. The Goldman Sachs Group began coverage on ServiceTitan in a report on Monday, January 6th. They issued a “neutral” rating and a $100.00 price objective for the company. Finally, Piper Sandler initiated coverage on ServiceTitan in a report on Monday, January 6th. They set an “overweight” rating and a $125.00 target price for the company. Four analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $114.33.

Get Our Latest Stock Report on TTAN

ServiceTitan Trading Up 12.9 %

Shares of NASDAQ:TTAN opened at $93.00 on Friday. The company’s 50-day moving average is $97.14. ServiceTitan has a 12-month low of $79.81 and a 12-month high of $112.00.

ServiceTitan (NASDAQ:TTANGet Free Report) last posted its quarterly earnings results on Monday, January 13th. The company reported ($1.18) earnings per share (EPS) for the quarter. As a group, analysts anticipate that ServiceTitan will post -1.98 EPS for the current year.

Institutional Investors Weigh In On ServiceTitan

Hedge funds have recently bought and sold shares of the business. SBI Securities Co. Ltd. bought a new position in shares of ServiceTitan during the fourth quarter valued at approximately $26,000. Assetmark Inc. purchased a new position in ServiceTitan during the fourth quarter valued at $67,000. FIL Ltd purchased a new position in ServiceTitan during the fourth quarter valued at $67,000. Tower Research Capital LLC TRC bought a new stake in ServiceTitan in the fourth quarter worth $91,000. Finally, Insight Holdings Group LLC purchased a new stake in shares of ServiceTitan in the fourth quarter worth $103,000.

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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Analyst Recommendations for ServiceTitan (NASDAQ:TTAN)

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