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Fly News Breaks for January 30, 2020
NOW
Jan 30, 2020 | 08:55 EDT
Needham analyst Jack Andrews raised his price target on ServiceNow to $356 and kept his Buy rating after its "strong" Q4 results. The analyst says the company's key metrics exceeded expectations as its leading sales execution continues, with the quarter driven by "continued demand to create workflows around the enterprise's record system". Andrews adds that he is positive on the strategic priorities disclosed by ServiceNow's new CEO Bill McDermott.
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