Stifel Reiterates Buy on ServiceNow, Maintains $640 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback has reiterated a 'Buy' rating on ServiceNow (NYSE:NOW) and maintained a price target of $640.
October 03, 2023 | 4:30 pm
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POSITIVE IMPACT
ServiceNow's stock rating has been reiterated as 'Buy' by Stifel with a maintained price target of $640.
The reiteration of a 'Buy' rating by a reputable analyst like Brad Reback from Stifel is a positive signal for ServiceNow. The maintained price target of $640 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100