Apr 10, 2025

ServiceTitan (NASDAQ:TTAN) Coverage Initiated at TD Cowen Posted by MarketBeat News on Apr 10th, 2025 Investment analysts at TD Cowen assumed coverage on shares of ServiceTitan ( NASDAQ:TTAN – Get Free Report ) in a research note issued on Tuesday, Marketbeat.com reports. The brokerage set a “buy” rating and a $120.00 price target on the stock. TD Cowen’s target price indicates a potential upside of 22.37% from the stock’s previous close. Other research analysts have also issued research reports about the stock. Piper Sandler reiterated an “overweight” rating and issued a $125.00 price target on shares of ServiceTitan in a research note on Friday, March 14th. Baird R W raised ServiceTitan to a “strong-buy” rating in a research report on Friday, December 27th. Morgan Stanley increased their target price on ServiceTitan from $104.00 to $107.00 and gave the stock an “equal weight” rating in a research note on Friday, March 14th. Truist Financial assumed coverage on ServiceTitan in a research note on Monday, January 6th. They issued a “buy” rating and a $120.00 price target for the company. Finally, William Blair assumed coverage on ServiceTitan in a research report on Monday, January 6th. They set an “outperform” rating on the stock. Four research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $114.77. Get ServiceTitan alerts: TTAN opened at $98.06 on Tuesday. ServiceTitan has a 12-month low of $79.81 and a 12-month high of $112.00. The company has a 50 day simple moving average of $95.01. ServiceTitan ( NASDAQ:TTAN – Get Free Report ) last announced its quarterly earnings results on Monday, January 13th. The company reported ($1.18) earnings per share (EPS) for the quarter. As a group, equities research analysts anticipate that ServiceTitan will post -1.98 earnings per share for the current fiscal year. Insider Activity In other ServiceTitan news, CFO David Sherry sold 10,175 shares of the stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $94.65, for a total value of $963,063.75. Following the completion of the transaction, the chief financial officer now directly owns 325,409 shares in the company, valued at approximately $30,799,961.85. This trade represents a 3.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link . Also, CAO Michele O’connor sold 5,494 shares of the business’s stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $94.65, for a total value of $520,007.10. Following the sale, the chief accounting officer now owns 89,302 shares in the company, valued at approximately $8,452,434.30. This trade represents a 5.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Hedge Funds Weigh In On ServiceTitan Large investors have recently modified their holdings of the business. TimesSquare Capital Management LLC acquired a new stake in ServiceTitan in the fourth quarter valued at $87,896,000. Battery Management Corp. acquired a new stake in shares of ServiceTitan in the fourth quarter valued at about $496,599,000. Avantax Advisory Services Inc. bought a new position in shares of ServiceTitan during the fourth quarter worth about $227,000. Artisan Partners Limited Partnership acquired a new position in shares of ServiceTitan in the fourth quarter worth approximately $26,439,000. Finally, Assetmark Inc. bought a new stake in ServiceTitan in the fourth quarter valued at approximately $67,000. 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. Recommended Stories