Jun. 12 at 1:59 PM
$TTAN Why it's down today: TTAN is down over 30% year-to-date, and despite the stellar earnings beat, it commands a premium valuation profile (trading at over 7x price-to-sales). Today's 4% drop looks like normal macro profit-taking and consolidation after a heavy high-volume trading week. Wall Street remains overwhelmingly bullish here, carrying a "Strong Buy" consensus and a consensus price target of
$104.