Stifel Reiterates Buy Rating on ServiceTitan (TTAN)

Stifel analyst Parker Lane reiterated a Buy rating and $135.00 price target on ServiceTitan (NASDAQ: TTAN).

The analyst commented, "Later this week, we will be in attendance as ServiceTitan hosts its annual Pantheon event in Anaheim, its first as a public company. At last year's event, more than 3,000 were in attendance and the company unveiled solutions like Contact Center Pro, Sales Pro, and TI Assist. We anticipate the associated investor and analyst session will largely focus on strategy and product updates, as opposed to financial updates, as the company builds its public company profile, with areas like Commercial, newer trades, and its suite of Pro Products likely to be in focus. We continue to believe ServiceTitan is a unique asset in the vertical software landscape, considering its defensive endmarkets, consolidation tailwinds, and wide range of growth vectors. We maintain our Buy rating and $135 Target Price."

For an analyst ratings summary and ratings history on ServiceTitan click here. For more ratings news on ServiceTitan click here.

Shares of ServiceTitan closed at $117.25 yesterday.

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