Evercore ISI analyst Kirk Materne lowered the firm’s price target on ServiceNow (NOW) to $175 from $225 and keeps an Outperform rating on the shares. A “meh” reaction to “solid” Q4 results and FY26 guidance is “not a surprise,” but the catalyst path gets better from here, the analyst tells investors in a post-earnings note.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOW:
- ServiceNow price target lowered to $175 from $190 at Baird
- ServiceNow price target lowered to $200 from $224 at Canaccord
- ServiceNow: Sustained High-Teens Growth, Manageable AI M&A, and Justified Valuation Premium Support Buy Rating
- ServiceNow price target lowered to $195 from $215 at JPMorgan
- SPY ETF Daily Update, 1/29/2026