ServiceNow price target raised to $1,093 from $1,042 at Bernstein

Bernstein raised the firm’s price target on ServiceNow (NOW) to $1,093 from $1,042 and keeps an Outperform rating on the shares. The firm notes ServiceNow delivered a Q3 that demonstrates continued resilience through macro challenges and progress on becoming the unifying AI workflow backbone for large enterprises. The company delivered a nearly +1% constant currency revenue beat at 20.3% year-over-year growth.