RBC Capital lowered the firm’s price target on ServiceNow (NOW) to $185 from $195 but keeps an Outperform rating on the shares. Against negative investor sentiment, ServiceNow delivered a clean beat and initial 2026 organic outlook, the analyst tells investors in a research note. ServiceNow remains an attractive non-consensus idea that benefits from enterprise AI adoption that could hit an inflection point in 2026 and ultimately deliver 20% constant currency organic growth, the firm added.
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