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NOW

ServiceNow

$304.87 /

+3.42 (+1.13%)

07:48
01/16/20
01/16
07:48
01/16/20
07:48

ServiceNow price target raised to $300 from $285 at Wells Fargo

Wells Fargo analyst Philip Winslow raised his price target for ServiceNow to $300 from $285, while keeping an Equal Weight rating on the shares. The analyst anticipates continued healthy growth in software spending in 2020 and expects software stocks as a whole to relatively outperform the market. Furthermore, Winslow believes the next decade will bring "massive advances" toward a more fully connected and immersive world - one in which artificial intelligence and machine learning, natural language processing, augmented reality, 5G, edge/fog, and the Internet of Things mature and become both commonplace and transformative. He expects software to be a key enabler of this increasingly connected decade.

  • 29

    Jan

NOW ServiceNow
$304.87 /

+3.42 (+1.13%)

11/18/19 JEFF
ServiceNow enters 2020 in better leadership position, says Jefferies
01/06/20 RBCM
ServiceNow downgraded to Outperform from Top Pick at RBC Capital
01/06/20 RBCM
RBC downgrades ServiceNow to Outperform despite target raise
01/13/20 FBCO
ServiceNow price target raised to $340 from $300 at Credit Suisse

TODAY'S FREE FLY STORIES

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