BTIG assumed coverage of ServiceNow (NOW) with a Buy rating and $1,000 price target Two years after launching Now Assist, ServiceNow has built a robust platform for human and AI agent collaboration, featuring the AI Control Tower for management and governance, and partnering closely with Microsoft (MSFT) to power agentic AI orchestration across the entire enterprise, the analyst tells investors in a research note. In its bull case, BTIG sees ServiceNow continuing to operate above the Rule of 50, with high-teens top-line growth and mid-20% free cash flow growth, the firm added.
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