RBC Capital Maintains Outperform on ServiceNow, Raises Price Target to $665
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on ServiceNow (NYSE:NOW) and raises the price target from $650 to $665.
July 27, 2023 | 4:00 pm
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POSITIVE IMPACT
ServiceNow's price target has been raised from $650 to $665 by RBC Capital, which maintains an Outperform rating on the stock.
The news of RBC Capital raising the price target for ServiceNow and maintaining an Outperform rating is likely to have a positive impact on the stock in the short term. Investors often react positively to such news as it indicates a vote of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100