ServiceNow price target raised to $1,025 from $980 at Mizuho

Mizuho raised the firm’s price target on ServiceNow (NOW) to $1,025 from $980 and keeps an Outperform rating on the shares. The company “defied the skeptics by reporting a genuinely good quarter,” the analyst tells investors in a research note. The firm says ServiceNow’s generative artificial intelligence momentum continued to accelerate. It continues to have macro concerns for 2025, but is optimistic that ServiceNow “can execute to plan.”