Susquehanna said to "buy the dip" in ServiceNow following its mixed Q1 results, as the firm believes the company's long-term fundamentals remain intact. Susquehanna stands by its bullish stance and sees the possibility for a rebound in upside momentum. Susquehanna reiterated its Positive rating and $85 price target on ServiceNow shares.

Citi analyst Tyler Radke raised the firm's price target on ServiceNow to $906 from $896 and keeps a Buy rating on the shares. The analyst maintains a positive view on ServiceNow, holding estimates just above the high end of guidance as the firm's partner checks suggest solid demand and further Pro Plus interest. Commentary continued a similarly positive tone to Q4, as partners saw larger deal sizes and stronger pipelines than this time last year, the analyst tells investors in a research note. Citi says that while the shares have outperformed peers and the current valuation creates a high bar, a "beat/raise" quarter heading into the analyst and second half of 2024 growth acceleration "provide a positive event path."