Wells Fargo Reaffirms Their Buy Rating on ServiceTitan, Inc. Class A (TTAN)

Wells Fargo analyst Michael Turrin maintained a Buy rating on ServiceTitan, Inc. Class A today and set a price target of $140.00.

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According to TipRanks, Turrin is a 4-star analyst with an average return of 3.2% and a 51.10% success rate. Turrin covers the Technology sector, focusing on stocks such as ServiceNow, Microsoft, and Via Transportation, Inc. Class A.

In addition to Wells Fargo, ServiceTitan, Inc. Class A also received a Buy from Canaccord Genuity’s David Hynes in a report issued yesterday. However, on December 5, Morgan Stanley maintained a Hold rating on ServiceTitan, Inc. Class A (NASDAQ: TTAN).

Based on ServiceTitan, Inc. Class A’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $249.16 million and a GAAP net loss of $39.53 million. In comparison, last year the company earned a revenue of $199.28 million and had a GAAP net loss of $46.46 million

Based on the recent corporate insider activity of 69 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TTAN in relation to earlier this year. Earlier this month, Michele O’Connor, the CAO of TTAN sold 2,500.00 shares for a total of $260,625.00.