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NOW

ServiceNow

$254.23 /

-0.79 (-0.31%)

09:30
10/18/19
10/18
09:30
10/18/19
09:30

Strong Q3 results, new CFO announcement to support ServiceNow, says RBC Capital

RBC Capital analyst Alex Zukin is keeping his Top Pick rating and $320 price target on ServiceNow ahead of its Q3 results next week. The analyst notes that the his quarter-end checks and the discussions at the recent customer/partner event suggest that the company's performance in the quarter was strong, with better than expected growth in North America. Zukin adds that the decline of 3.4% this week and 14% since the release of Q2 results driven by concerns about EMEA weakness, sales attrition, and management changes sets up potential near term upside catalysts for ServiceNow with the likely announcement of a new CFO and the expected strong Q3 earnings.

  • 23

    Oct

  • 12

    Dec

NOW ServiceNow
$254.23 /

-0.79 (-0.31%)

10/17/19 Macquarie
ServiceNow selloff yesterday a buying opportunity, says Macquarie
10/16/19
Fly Intel: Top five analyst downgrades
10/16/19 Morgan Stanley
Morgan Stanley downgrades ServiceNow to Equal Weight as risks seen rising
10/16/19 Morgan Stanley
ServiceNow downgraded to Equal Weight from Overweight at Morgan Stanley

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