Wells Fargo Sticks to Their Buy Rating for 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 3-star analyst with an average return of 3.0% and a 48.01% success rate. Turrin covers the Technology sector, focusing on stocks such as ServiceNow, Adobe, and Microsoft.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for ServiceTitan, Inc. Class A with a $137.92 average price target.
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 67 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. Last month, Michele O’Connor, the CAO of TTAN sold 2,500.00 shares for a total of $260,625.00.
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