Canaccord raised the firm’s price target on ServiceTitan (TTAN) to $130 from $120 and keeps a Buy rating on the shares. The firm hosted investor meetings and came away conifident the company is relatively insulated from tariff considerations, where end-customer spend is largely non-discretionary, where the platform drives tangible, hard-dollar ROI, and where it feels like estimates are already fairly de-risked. Canaccord believes the company can scale to be a multi-billion-dollar revenue business with FCF margins that eventually scale to be north of 30%.
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