Goldman Sachs raised the firm’s price target on ServiceNow (NOW) to $1,150 from $1,050 and keeps a Buy rating on the shares. The company reported “strong” Q1 results with outperformance on all key metrics, the analyst tells investors in a research note. The firm believes ServiceNow “continues to unlock new growth vectors” and is likely to expand its artificial intelligence product roadmap and monetization path.
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