Argus Research Maintains Buy on ServiceNow, Raises Price Target to $770
Portfolio Pulse from Benzinga Newsdesk
Argus Research analyst Joseph Bonner has maintained a Buy rating on ServiceNow (NYSE:NOW) and increased the price target from $675 to $770, indicating a positive outlook on the company's stock.
December 06, 2023 | 8:03 pm
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ServiceNow's stock rating has been reaffirmed as Buy by Argus Research, with an increased price target from $675 to $770, suggesting confidence in the company's future performance.
The reaffirmation of a Buy rating combined with a raised price target typically signals analyst confidence in a company's prospects, which can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
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