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ServiceNow price target raised to $1,150 from $1,100 at Mizuho

Mizuho raised the firm’s price target on ServiceNow (NOW) to $1,150 from $1,100 and keeps an Outperform rating on the shares. The company reported “very good” Q3 results and its artificial intelligence momentum “continues to display an impressive trajectory,” the analyst tells investors in a research note. Mizuho remains confident that ServiceNow is well positioned for high growth over the next few years.

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