ServiceNow price target raised to $969 from $967 at Barclays

Barclays analyst Raimo Lenschow raised the firm’s price target on ServiceNow (NOW) to $969 from $967 and keeps an Overweight rating on the shares. The firm says that despite all the nervousness coming into Q1, ServiceNow delivered a very “normal” quarter with beats across all line items. However, management is aware of potential headwinds ahead and made small guidance adjustments “to create a future buffer,” the analyst tells investors in a research note.