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Fly News Breaks for January 30, 2020
NOW
Jan 30, 2020 | 06:42 EDT
Mizuho analyst Gregg Moskowitz raised his price target for ServiceNow to $325 from $290 citing the company's "strong" Q4 results. Subscription billings and revenue guidance "was nicely above consensus" in spite of a new CFO, Moskowitz tells investors in a research note. The analyst, however, keeps a Neutral rating on the shares, given a "full" valuation and concerns that employee attrition could accelerate in Q1.
News For NOW From the Last 2 Days
NOW
Apr 2, 2020 | 06:43 EDT
Baird analyst Rob Oliver downgraded ServiceNow to Neutral from Outperform with a $300 price target.