Citigroup Maintains Buy on ServiceNow, Raises Price Target to $896
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke has reaffirmed a Buy rating on ServiceNow (NYSE:NOW) and increased the price target from $862 to $896.
January 26, 2024 | 3:04 pm
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Citigroup analyst Tyler Radke has maintained a Buy rating on ServiceNow and raised the price target to $896, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Tyler Radke from Citigroup typically signals a strong conviction in the company's future performance and can positively influence investor sentiment, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100