BMO Capital raised the firm’s price target on ServiceNow to $630 from $615 and keeps an Outperform rating on the shares. The company’s Q3 results were “solid all around”, and while the firm envisioned upside to CRPO guide, the reported constant currency CRPO growth of 24% y/y was better than anticipated, the analyst tells investors in a research note. BMO added that it is still harboring concerns about Plus pricing but also acknowledging that results were better than anticipated.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on NOW:
- Early notable gainers among liquid option names on October 26th
- ServiceNow price target raised to $650 from $625 at Deutsche Bank
- ServiceNow price target raised to $648 from $630 at Morgan Stanley
- ServiceNow price target raised to $620 from $600 at Piper Sandler
- ServiceNow price target raised to $680 from $650 at Baird