JPMorgan raised the firm’s price target on ServiceNow (NOW) to $1,075 from $1,020 and keeps an Overweight rating on the shares. The company reported better than expected Q3 results on federal government bookings and “robust” artificial intelligence growth, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOW:
- ServiceNow price target raised to $1,315 from $1,250 at Morgan Stanley
- ServiceNow’s Strong Performance and Strategic Positioning Justify Buy Rating
- ServiceNow’s Strong Financial Performance and Strategic Initiatives Drive Buy Rating
- ServiceNow’s Strong Performance and AI Advancements Justify Buy Rating and $1,200 Price Target
- ServiceNow’s Strong Growth and AI Advancements Justify Buy Rating