246,579 Shares in ServiceTitan Inc. (NASDAQ:TTAN) Purchased by Principal Financial Group Inc.

Principal Financial Group Inc. acquired a new stake in ServiceTitan Inc. (NASDAQ:TTAN) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 246,579 shares of the company’s stock, valued at approximately $25,365,000. Principal Financial Group Inc. owned 0.32% of ServiceTitan at the end of the most recent reporting period.

Analyst Ratings Changes

Several research firms have recently weighed in on TTAN. The Goldman Sachs Group assumed coverage on shares of ServiceTitan in a research note on Monday, January 6th. They set a “neutral” rating and a $100.00 price target for the company. Morgan Stanley set a $104.00 target price on ServiceTitan in a report on Tuesday, January 14th. Wells Fargo & Company initiated coverage on ServiceTitan in a research note on Monday, January 6th. They set an “overweight” rating and a $125.00 price target on the stock. Citigroup upped their price objective on shares of ServiceTitan from $109.00 to $113.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 14th. Finally, Needham & Company LLC reissued a “buy” rating and set a $125.00 target price on shares of ServiceTitan in a research report on Monday, January 13th. Four research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, ServiceTitan presently has an average rating of “Moderate Buy” and an average price target of $116.17.

ServiceTitan Trading Down 0.8 %

NASDAQ TTAN opened at $96.76 on Friday. ServiceTitan Inc. has a 12-month low of $91.04 and a 12-month high of $112.00.

ServiceTitan (NASDAQ:TTAN) last announced its earnings results on Monday, January 13th. The company reported ($1.18) earnings per share (EPS) for the quarter. Analysts predict that ServiceTitan Inc. will post -1.98 earnings per share for the current fiscal year.

ServiceTitan 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.