Wells Fargo Maintains Overweight on ServiceNow, Raises Price Target to $900
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin has maintained an Overweight rating on ServiceNow (NYSE:NOW) and increased the price target from $875 to $900.
April 16, 2024 | 12:34 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on ServiceNow and raised the price target from $875 to $900.
The increase in price target by a reputable analyst like Michael Turrin from Wells Fargo is a strong positive signal for ServiceNow. It suggests confidence in the company's future performance and growth potential, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100