TTAN is trading at $68.03 (-8.62%) amid broader tech sector weakness and market rotation away from high-growth names.
- Piper Sandler recently lowered its price target from $140 to $120 (Feb 3, 2026), though maintaining an Overweight rating.
- The decline aligns with the -1.27% drop in the NASDAQ, driven partly by AI disruption concerns and Nvidia-related slides.
- The current pressure follows reports of CEO insider selling activity in mid-January.