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Fly News Breaks for January 22, 2020
NOW
Jan 22, 2020 | 08:18 EDT
Raymond James analyst Michael Turits raised his price target for ServiceNow to $360 from $300 and made no change to his Strong Buy rating, saying he continues to view ServiceNow as the dominant, though still not fully penetrated ITSM leader, and with its broadening cloud-based enterprise workflow product and platform offering as one of the 2-3 top strategic enterprise SaaS vendors. The analyst says he is positive on the hiring of enterprise software veteran Bill McDermott during a period of strategic expansion for ServiceNow.
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