Stifel Maintains Buy on ServiceNow, Raises Price Target to $820-Report Released on 24 January 2024
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback has maintained a Buy rating on ServiceNow (NYSE:NOW) and increased the price target from $740 to $820. The report was released on January 24, 2024.
January 25, 2024 | 3:01 pm
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POSITIVE IMPACT
Stifel analyst Brad Reback reaffirms a Buy rating on ServiceNow and raises the price target to $820, indicating a positive outlook on the company's future performance.
The increase in price target by Stifel suggests a strong conviction in ServiceNow's growth prospects and operational performance. This positive analyst rating is likely to instill confidence in investors and could lead to a short-term increase in the stock price as the market reacts to the new price target.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100