Reported about 19 hours ago
Barclays analyst Raimo Lenschow has increased the price target for ServiceNow, Inc. (NYSE: NOW) from $1,085 to $1,200 while maintaining an Overweight rating. This adjustment is driven by improved sentiment in enterprise software demand and positive findings from recent field checks, especially as the company approaches its Q2 earnings report. ServiceNow’s strong position in IT operations and ongoing product expansion, particularly in AI-driven automation, suggests it is poised for continued success, with the potential for revised management guidance if market conditions remain favorable.
Source: YAHOO