ServiceTitan price target raised to $109 from $107 at Morgan Stanley

Morgan Stanley raised the firm’s price target on ServiceTitan (TTAN) to $109 from $107 and keeps an Equal Weight rating on the shares after the company’s Q1 results and FY26 guidance beat consensus across all metrics. Any share weakness means “either actual bogeys were even higher, or trading dynamics ahead of lock-up expiration are surfacing,” according to the analyst, who adds there was “not much to pick at” in Q1. The forward model continues to look conservative and the momentum behind ServiceTitan continues, the analyst tells investors.