TD Cowen Maintains Buy on ServiceNow, Raises Price Target to $1000
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Derrick Wood maintains a Buy rating on ServiceNow and raises the price target from $900 to $1000.
October 21, 2024 | 12:28 pm
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POSITIVE IMPACT
TD Cowen analyst Derrick Wood has reaffirmed a Buy rating for ServiceNow and increased the price target from $900 to $1000, indicating confidence in the company's future performance.
The increase in the price target from $900 to $1000 by TD Cowen suggests a positive outlook for ServiceNow's stock, likely leading to a short-term price increase. The reaffirmation of the Buy rating further supports this positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100