Citigroup Forecasts Strong Price Appreciation for ServiceTitan (NASDAQ:TTAN) Stock

ServiceTitan (NASDAQ:TTAN) had its target price increased by stock analysts at Citigroup from $109.00 to $113.00 in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Citigroup’s price target suggests a potential upside of 14.29% from the company’s previous close.

Several other research firms have also weighed in on TTAN. Canaccord Genuity Group began coverage on ServiceTitan in a research note on Monday, January 6th. They issued a “buy” rating and a $120.00 target price on the stock. Truist Financial began coverage on shares of ServiceTitan in a research report on Monday, January 6th. They issued a “buy” rating and a $120.00 price target on the stock. Robert W. Baird assumed coverage on shares of ServiceTitan in a research note on Friday, December 27th. They set an “outperform” rating and a $117.00 price objective on the stock. Stifel Nicolaus began coverage on shares of ServiceTitan in a research note on Monday, January 6th. They issued a “buy” rating and a $120.00 target price for the company. Finally, Piper Sandler initiated coverage on shares of ServiceTitan in a research report on Monday, January 6th. They set an “overweight” rating and a $125.00 price target on the stock. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $116.17.

ServiceTitan Stock Performance

Shares of NASDAQ:TTAN opened at $98.87 on Tuesday. ServiceTitan has a one year low of $91.04 and a one year high of $112.00.

ServiceTitan (NASDAQ:TTAN) last released its earnings results on Monday, January 13th. The company reported ($1.18) EPS for the quarter.

ServiceTitan Company Profile

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.