Piper Sandler adjusted its price target for ServiceTitan (TTAN) to $120.00, down from $140.00. The firm simultaneously reaffirmed its 'Overweight' rating on the stock.

The adjustment stems from a broader software sector review that included price target cuts for several other companies.

Despite the lowered target and sector pessimism, Piper Sandler named ServiceTitan a top pick for 2026. Analysts cited the company's Max/Pro products and expansion into new trades as key growth drivers offering potential revenue upside.