ServiceTitan price target lowered to $125 from $145 at Stifel

Stifel lowered the firm’s price target on ServiceTitan (TTAN) to $125 from $145 and keeps a Buy rating on the shares. ServiceTitan delivered a thinner beat than the last two quarters, but “an otherwise clean print across all metrics,” says the analyst, who adds that initial guidance for FY27 “appears conservative to us.” The firm is reducing its price target to reflect multiple compression across the group, the analyst noted.