Reported 2 days ago
ServiceNow, Inc. (NYSE:NOW) is gaining substantial confidence from Wall Street, with analysts projecting a 35.89% upside to an average 12-month price target of $1,175 following the company's strong Q2 fiscal results. Recent reports indicate that key analysts, including Citizens JMP and Stifel Nicolaus, maintain Buy ratings with targets of $1,300 and $1,200, respectively. Despite potential headwinds in Q3 due to upcoming contract renewals, the company's subscription revenue is expected to grow by about 20% year-over-year.
Source: YAHOO