ServiceTitan price target lowered, named a Top Pick at Morgan Stanley

Morgan Stanley analyst Josh Baer lowered the firm’s price target on ServiceTitan (TTAN) to $118 from $131 and keeps an Overweight rating on the shares following Q4 results and FY27 guidance that beat consensus “across all metrics.” Weakness from higher investor expectations into a Q4 with a very tough comp creates an opportunity given consistent fundamentals and an “attractive FY27 setup,” says the analyst, who makes ServiceTitan the analyst’s Top Pick.