Barclays Maintains Overweight on ServiceNow, Raises Price Target to $980
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Overweight rating on ServiceNow (NYSE:NOW) and raised the price target from $890 to $980.
October 11, 2024 | 3:33 pm
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Barclays has maintained an Overweight rating on ServiceNow and increased the price target from $890 to $980, indicating confidence in the company's growth potential.
The increase in price target from $890 to $980 by Barclays suggests a positive outlook on ServiceNow's future performance. The Overweight rating indicates that the analyst expects the stock to outperform the market, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100