Core Viewpoint - ServiceTitan Inc. is recognized as an underpriced compounder and a leading vertical software asset, well-positioned for AI advancements, following an upgrade by Morgan Stanley from Equal-weight to Overweight with a price target increase to $131.00 [1][4] Group 1: Analyst Upgrade - Morgan Stanley upgraded ServiceTitan from Equal-weight to Overweight, raising the price target from $125.00 to $131.00, indicating a positive outlook on the stock's potential [1][2] - The upgrade comes nearly a year after the initial coverage, reflecting a shift in sentiment regarding the company's valuation and growth prospects [2][3] Group 2: Company Positioning - The firm believes ServiceTitan is well-positioned for artificial intelligence, with steady growth and margin expansion expected to drive the stock towards its price target [3][4] - ServiceTitan is viewed as attractive both on its own and in comparison to peers in the vertical software space, indicating strong relative performance [5] Group 3: Market Outlook - Morgan Stanley notes an attractive upside for ServiceTitan shares, with a favorable 5:1 bull/bear skew over a one-year horizon, suggesting confidence in the stock's performance [4] - The company is considered a core portfolio holding for the long term, emphasizing its potential for sustained growth [4]
ServiceTitan (TTAN) Upgrade Highlights AI & Data Moat, Morgan Stanley Says