UBS analyst Karl Keirstead raised the firm’s price target on ServiceNow (NOW) to $1,150 from $1,075 and keeps a Buy rating on the shares. ServiceNow posted a “solid” backlog beat, with revenues in line with consensus estimates, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOW:
- ServiceNow price target raised to $1,250 from $1,200 at TD Cowen
- ServiceNow price target raised to $1,253 from $1,234 at Citi
- ServiceNow: Strong Financial Performance and Growth Potential Amid AI Opportunities
- ServiceNow price target lowered to $1,150 from $1,200 at Stifel
- ServiceNow price target raised to $1,075 from $1,020 at JPMorgan