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Fly News Breaks for January 30, 2020
NOW
Jan 30, 2020 | 09:15 EDT
Credit Suisse analyst Brad Zelnick raised hid price target for ServiceNow to $370 from $340 saying the company closed out 2019 with "strong" Q4 results and set fiscal year 2020 guidance in line with consensus, better than many investors feared. The analyst thinks new management "reinvigorates already strong fundamentals," while maintaining consistency on controlled reinvestment and disciplined, tuck-in M&A. He has an Outperform rating on the shares.
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.