BofA analyst Brad Sills raised the firm’s price target on ServiceNow (NOW) to $1,110 from $1,085 and keeps a Buy rating on the shares. Calls with system integrations partners suggest in-line to modestly better activity in Q2, says the analyst, who sees potential for 0.5% upside to Q2 current remaining performance obligation growth. A “healthy beat & raise quarter would improve sentiment,” the analyst added in a preview note.
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