Piper Sandler Maintains Overweight on ServiceNow, Raises Price Target to $830
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Rob Owens has maintained an Overweight rating on ServiceNow (NYSE:NOW) and increased the price target from $750 to $830.
January 25, 2024 | 1:46 pm
News sentiment analysis
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POSITIVE IMPACT
ServiceNow's Overweight rating is maintained by Piper Sandler, with a raised price target from $750 to $830, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Rob Owens from Piper Sandler typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100