ServiceNow's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bullish interest in ServiceNow (NYSE:NOW) through significant options trades. Analysis reveals a mixed sentiment with a focus on a price range between $550 and $850. The stock is currently trading at $804.91, down by 0.76%, with an average analyst price target of $887.
August 12, 2024 | 5:45 pm
News sentiment analysis
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ServiceNow has seen significant options trading activity with a mixed sentiment. The stock is currently trading at $804.91, down by 0.76%. Analysts have set an average price target of $887, indicating potential upside.
The significant options trading activity, combined with bullish analyst ratings and a high average price target, suggests a potential short-term upside for ServiceNow's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100