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Reaffirming Buy on ServiceTitan: Strong Execution, Product Momentum, and Conservative Long-Term Growth Outlook Support Upside

Reaffirming Buy on ServiceTitan: Strong Execution, Product Momentum, and Conservative Long-Term Growth Outlook Support Upside

Andrew Sherman, an analyst from TD Cowen, reiterated the Buy rating on ServiceTitan, Inc. Class A. The associated price target was raised to $135.00.

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Andrew Sherman has given his Buy rating due to a combination of factors, including ServiceTitan’s strong quarterly performance and visible long‑term growth drivers. Revenue and subscription growth exceeded guidance, margins came in meaningfully ahead of expectations, and management’s FY27 outlook implies sustained double‑digit expansion that he views as deliberately conservative.

He also points to the early success of the Max program and virtual agents, which are already lifting subscription revenue and enhancing customer returns, as evidence of product momentum. In his view, the company’s leading competitive position, durable demand across multiple end‑markets, and attractive valuation versus peers support upside potential, reinforcing his conviction that the shares merit a Buy rating.

In another report released yesterday, BTIG also maintained a Buy rating on the stock with a $105.00 price target.

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