Macquarie analyst Sarah Hindlian recommends using the selloff yesterday in shares of ServiceNow as a buying opportunity. The analyst's channel checks suggest a "solid quarter" with North American resellers "pointing well ahead of plan." Further, a CFO appointment is in the final stages and may be announced soon "while Snowflake concerns are overblown," Hindlian tells investors in a research note. She believes investors should be building positions in ServiceNow going into its "seasonally strong" second half of the year. She reiterates an Outperform rating on the shares with a $335 price target.