TD Cowen analyst J. Derrick Wood raised the firm’s price target on ServiceNow to $650 from $530 and keeps an Outperform rating on the shares. The firm said its survey showed the average 2023 growth outlook saw a nice uptick from 14% to 20%, which suggests partners see a strong but more back-end loaded year.
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>>
See today’s best-performing stocks on TipRanks >>
Read More on NOW: