ServiceTitan price target raised to $130 from $120 at Truist

Truist raised the firm’s price target on ServiceTitan (TTAN) to $130 from $120 and keeps a Buy rating on the shares. The company’s Q2 results were “strong” as it reported upside across the model, especially in profits, with particular strength stemming from commercial outperformance and faster-than-expected growth from new and existing customers, the analyst tells investors in a research note. Enterprise traction, Pro product growth, commercial expansion, and roofing all performed well, the firm added.