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NOW

ServiceNow

$147.24

2.08 (1.43%)

08:30
02/13/18
02/13
08:30
02/13/18
08:30

ServiceNow price target raised to $170 from $150 at Argus

Argus analyst Joseph Bonner raised his price target on ServiceNow to $170, saying the stock remains "favorably valued by historical standards" despite its recent run-up. Bonner notes that the company offerings to make IT services more manageable and efficient serve to lower the cost of ownership for clients, forecasting "solid revenue and profit outlook" for the next few years. The analyst keeps his Buy rating on ServiceNow.

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    Mar

NOW ServiceNow
$147.24

2.08 (1.43%)

02/01/18
UBSW
02/01/18
NO CHANGE
Target $180
UBSW
Buy
ServiceNow price target raised to $180 from $168 at UBS
UBS analyst Jennifer Swanson Lowe raised her price target on ServiceNow to $180 from $168 following Q4 results. The analyst noted its better than expected subscription growth, operating margins, and free cash flow margins. She also noted an expansion of peer group multiples and an addressable margin expansion, which should help valuation. Lowe reiterated her Buy rating on ServiceNow shares.
02/01/18
FBCO
02/01/18
NO CHANGE
Target $165
FBCO
Outperform
ServiceNow price target raised to $165 from $160 at Credit Suisse
Credit Suisse analyst Brad Zelnick raised his price target for ServiceNow to $165 from $160 following Q4 results that exceeded consensus estimates, while FY18 guidance was in-line with expectations, adjusted for ASC 606 differences. The analyst reiterates an Outperform rating on the shares.
02/01/18
BERN
02/01/18
NO CHANGE
Target $208
BERN
Outperform
ServiceNow price target raised to $208 from $158 at Bernstein
Bernstein analyst Zane Chrane raised his price target for ServiceNow to $208 from $158 after the company reported Q4 results, beating expectations on the most important metrics. The analyst reiterates an Outperform rating on the shares.
02/01/18
RBCM
02/01/18
NO CHANGE
Target $160
RBCM
Top Pick
ServiceNow price target raised to $160 from $150 at RBC Capital
RBC Capital analyst Matthew Hedberg raised his price target on ServiceNow to $160 and kept his Top Pick rating after the company's Q4 earnings beat. Hedberg says the stock remains a "favorite" based on its "best- in-class unit economics, above-average growth, a lack of competition, expanding use cases, and free cash flow leverage".

TODAY'S FREE FLY STORIES

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MD

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ARRY

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A

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ARRY

Array BioPharma

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ICE

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AMGN

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AMGN

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ARRY

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BAYRY

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MRK

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NWN

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PCG

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ORLY

O'Reilly Automotive

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SJI

South Jersey Industries

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WAAS

AquaVenture

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NSANY

Nissan

$0.00

(0.00%)

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TROV

Trovagene

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CVM

CEL-SCI

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ACM

Aecom

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LMT

Lockheed Martin

$298.95

-1.39 (-0.46%)

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LMT

Lockheed Martin

$298.95

-1.39 (-0.46%)

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