ServiceTitan initiated with an Outperform at William Blair

William Blair initiated coverage of ServiceTitan (TTAN) with an Outperform rating. ServiceTitan is the operating system that powers the residential and commercial trades industries, the analyst tells investors in a research note. The firm believes the company is well positioned to capitalize on a market opportunity that it estimates at more than $10B. Blair views the company as a “clear leader in a large market ripe for digitization.”