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ServiceNow price target raised to $1,250 from $1,200 at TD Cowen

TD Cowen raised the firm’s price target on ServiceNow (NOW) to $1,250 from $1,200 and keeps a Buy rating on the shares. The firm said ite reported an impressive Q3 as Fed NNACV grew greater thab 30%, well ahead of expectations. FY25 guide was raised by the beat and 4Q cRPO was in line even while adding extra prudence due to the govrnment shutdown.

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