Barclays analyst Raimo Lenschow raised the firm’s price target on ServiceNow (NOW) to $1,085 from $969 and keeps an Overweight rating on the shares following the analyst day. The company delivered a “compelling argument around its strong positioning” to deliver agentic artificial intelligence to customers and how its broadening platform can continue to support best-in-class recurring revenue, the analyst tells investors in a research note.
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