1 Wall Street Analyst Thinks ServiceNow Is Going to $1,230. Is It a Buy Around $1,023? [Yahoo! Finance]
ServiceNow, Inc. (NOW)
Last servicenow, inc. earnings: 4/29 04:10 pm
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US:NYSE Investor Relations:
servicenow.com/company/investor-relations.html
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Source: Yahoo! Finance
The company's core Now platform is used for a wide range of IT management tasks, as it acts as a hub for managing, processing, and automating workflows. Among the applications that businesses use it for include inventory and supply chain operations, customer relationship management, and for cybersecurity. Are You Missing The Morning Scoop? Wake up with Breakfast news in your inbox every market day. Sign Up For Free » That flexibility has helped make the stock a winner, and it seems to have just won over another bull on Wall Street. Scotiabank 's investment firm recently initiated coverage on ServiceNow, with an outperform rating and a price target of $1,230. That target implies a 20% boost for the stock over the next 12 months or so. The analyst acknowledged that it had been a volatile year in the software sector, but thinks established leaders like ServiceNow can outperform the broader sector. As a longtime winner on the market, ServiceNow looks well-positioned to outperform
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NOW
Earnings
- 10/23/24 - Beat
NOW
Sec Filings
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- 11/21/24 - Form 4
- NOW's page on the SEC website