Canaccord analyst David Hynes lowered the firm’s price target on ServiceTitan (TTAN) to $105 from $140 and keeps a Buy rating on the shares. The firm said ServiceTitan’s Q4 results beat on both the top- and bottom-line, as expected, but relative to how they thought an upside scenario might play out, Q4 revenue was a little light. Canaccord believes this was primarily a function of slightly softer GTV growth than they would have expected.
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