ServiceTitan initiated with a Buy at Truist

Truist initiated coverage of ServiceTitan (TTAN) with a Buy rating and $120 price target ServiceTitan is a leading provider of end-to-end workflow solutions for residential and commercial trades whose platform helps trades businesses generate leads, book jobs, dispatch techs, perform jobs, process payments and manage back-office operations, the analyst noted. The firm believes a disciplined growth strategy can generate attractive compounding growth, profits and free cash flow over a long-term basis, the analyst tells investors.