Mizuho Maintains Buy on ServiceNow, Raises Price Target to $820
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz has maintained a Buy rating on ServiceNow (NYSE:NOW) and increased the price target from $750 to $820, indicating a positive outlook on the company's stock.
January 25, 2024 | 6:42 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
ServiceNow's stock may see a positive short term impact due to Mizuho's maintained Buy rating and increased price target from $750 to $820.
Analyst ratings and price target adjustments are significant indicators for investors, often influencing stock prices. The increase in ServiceNow's price target by a reputable analyst from Mizuho suggests a strong conviction in the company's future performance, which could lead to increased investor confidence and a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100