Morgan Stanley analyst Josh Baer raised the firm’s price target on ServiceTitan (TTAN) to $118 from $109 and keeps an Equal Weight rating on the shares. Q2 results and FY26 guidance beat consensus across all metrics in what the firm calls “another clean quarter.” While the firm’s estimates move higher and it notes that the momentum behind ServiceTitan continues, the firm finds it harder to see the catalyst path to drive a re-rating with high investor expectations around the durability of growth, the analyst added.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TTAN:
- ServiceTitan price target raised to $130 from $120 at Truist
- ServiceTitan price target raised to $130 from $124 at Baird
- ServiceTitan price target raised to $135 from $125 at Stifel
- ServiceTitan’s Strong Q2 Performance and Growth Potential Justify Buy Rating
- ServiceTitan price target raised to $155 from $150 at Piper Sandler