Canaccord Genuity Group Initiates Coverage on ServiceTitan (NASDAQ:TTAN)

Equities researchers at Canaccord Genuity Group started coverage on shares of ServiceTitan (NASDAQ:TTAN) in a report issued on Monday,Benzinga reports. The brokerage set a “buy” rating and a $120.00 price target on the stock. Canaccord Genuity Group’s price objective points to a potential upside of 13.43% from the stock’s current price.

A number of other research firms also recently weighed in on TTAN. 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 target for the company. Baird R W raised shares of ServiceTitan to a “strong-buy” rating in a research note on Friday, December 27th. Two research analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, ServiceTitan has an average rating of “Moderate Buy” and a consensus target price of $116.78.

ServiceTitan Stock Performance

Shares of TTAN opened at $105.79 on Monday. ServiceTitan has a 12-month low of $94.02 and a 12-month high of $112.00.

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.