Jefferies Maintains Buy on ServiceNow, Raises Price Target to $650
Portfolio Pulse from jenniferd'souza@benzinga.com
Jefferies analyst Samad Samana has maintained a 'Buy' rating on ServiceNow (NYSE:NOW) and raised the price target from $525 to $650.
July 27, 2023 | 11:25 am
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ServiceNow's price target has been raised from $525 to $650 by Jefferies, maintaining a 'Buy' rating.
The raised price target and maintained 'Buy' rating by Jefferies indicates a positive outlook for ServiceNow. This could potentially lead to an increase in the stock's price in the short term as it signals confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100