Bernstein raised the firm’s price target on ServiceNow (NOW) to $913 from $906 and keeps an Outperform rating on the shares. The firm says ServiceNow’s Q3 showed the strength of their Pro Plus GenAI functional tailwinds accelerating demand as they delivered an expanding beat, with CC revenue growth rate coming in over 180bps above guide – the second largest beat since 2021.
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Read More on NOW:
- ServiceNow price target raised to $1,050 from $1,025 at Wells Fargo
- ServiceNow price target raised to $1,000 from $850 at Canaccord
- ServiceNow price target raised to $950 from $820 at JPMorgan
- ServiceNow price target raised to $1,000 from $980 at Barclays
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