Stifel Nicolaus Initiates Coverage on ServiceTitan (NASDAQ:TTAN)

Stifel Nicolaus began coverage on shares of ServiceTitan (NASDAQ:TTAN) in a note issued to investors on Monday,Benzinga reports. The brokerage set a “buy” rating and a $120.00 price target on the stock. Stifel Nicolaus’ price objective suggests a potential upside of 13.43% from the company’s previous close.

A number of other research firms have also weighed in on TTAN. Canaccord Genuity Group assumed coverage on shares of ServiceTitan in a research report on Monday. They issued a “buy” rating and a $120.00 price objective on the stock. Baird R W upgraded ServiceTitan to a “strong-buy” rating in a report on Friday, December 27th. Finally, Robert W. Baird assumed coverage on ServiceTitan in a report on Friday, December 27th. They set an “outperform” rating and a $117.00 price objective for the company. Two analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $116.78.

ServiceTitan Stock Up 4.2 %

Shares of ServiceTitan stock opened at $105.79 on Monday. ServiceTitan has a one year low of $94.02 and a one year high of $112.00.

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.