ServiceNow price target raised to $911 from $909 at Citi

Citi raised the firm’s price target on ServiceNow to $911 from $909 and keeps a Buy rating on the shares. The analyst believes ServiceNow can continue to outperform amid a sluggish software demand environment. The company’s broadening automation platform is well positioned to gain outsized share via consolidation and capture value as customers roll out artificial intelligence use cases, the analyst tells investors in a research note. The firm has a positive view on the shares into earnings.