BMO Capital Maintains Outperform on ServiceNow, Lowers Price Target to $615
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains an 'Outperform' rating on ServiceNow (NYSE:NOW), but has lowered the price target from $630 to $615.

October 24, 2023 | 1:18 pm
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NEUTRAL IMPACT
ServiceNow's price target has been lowered from $630 to $615 by BMO Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by BMO Capital could potentially create a negative sentiment among investors, but the maintained 'Outperform' rating suggests that the analyst still sees potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100