In a report released yesterday, Robert Oliver from Robert W. Baird reiterated a Hold rating on ServiceNow (NOW – Research Report), with a price target of $475.00. The company’s shares closed yesterday at $463.07.
Oliver covers the Technology sector, focusing on stocks such as Verisign, Atlassian, and Sprout Social. According to TipRanks, Oliver has an average return of 8.1% and a 54.55% success rate on recommended stocks.
In addition to Robert W. Baird, ServiceNow also received a Hold from Truist Financial’s Joel Fishbein in a report issued on January 9. However, yesterday, Barclays maintained a Buy rating on ServiceNow (NYSE: NOW).
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The company has a one-year high of $621.41 and a one-year low of $337.00. Currently, ServiceNow has an average volume of 1.6M.
Based on the recent corporate insider activity of 170 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NOW in relation to earlier this year.
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Founded in 2004 and based in California, ServiceNow, Inc. is a software company which provides enterprise cloud computing solutions to help companies manage digital workflows for enterprise operations. The company offers its solutions to various sectors including healthcare, education, oil and gas, telecommunications, government, consumer products, technology, IT and financial services.
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