Check Out What Whales Are Doing With NOW
Portfolio Pulse from Benzinga Insights
A significant number of investors have taken a bearish stance on ServiceNow (NYSE:NOW), with 70% of the observed trades being bearish. The big players have been eyeing a price window from $400.0 to $650.0 for ServiceNow during the past quarter. The stock's current price is $611.5, with an RSI indicating it may be approaching overbought. Analysts have mixed opinions, with ratings ranging from Buy to Market Outperform and price targets from $630 to $675.
November 07, 2023 | 4:15 pm
News sentiment analysis
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ServiceNow has seen a significant number of bearish trades. Analysts have mixed opinions, with price targets ranging from $630 to $675.
The bearish sentiment observed in the trades, along with the RSI indicating the stock may be approaching overbought, could potentially lead to a decrease in the stock's price. However, the analysts' price targets suggest a potential for growth, creating a mixed outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100