Fly News Breaks for January 30, 2020
Jan 30, 2020 | 09:33 EDT
RBC Capital analyst Alex Zukin raised his price target on ServiceNow to $370 and kept his Outperform rating after its Q4 beats across revenue, billings, margins and cRPO. The analyst is also positive on the company's strength across its product portfolio and its growing emphasis on "vertical-specific industry solutions", partner ecosystem investment, and international investment that he believes will help sustain its 30% or more growth rate across all major metrics.
News For NOW From the Last 2 Days
Apr 2, 2020 | 06:43 EDT
Baird analyst Rob Oliver downgraded ServiceNow to Neutral from Outperform with a $300 price target.