Oppenheimer Maintains Outperform on ServiceNow, Raises Price Target to $800
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Schwartz has maintained an Outperform rating on ServiceNow (NYSE:NOW) and increased the price target from $750 to $800.
January 18, 2024 | 1:05 pm
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Oppenheimer has reaffirmed ServiceNow's Outperform rating and raised the price target to $800, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Brian Schwartz typically suggests a strong conviction in the company's future performance and growth potential. This can often lead to increased investor confidence and a positive short term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100