Truist Securities Maintains Hold on ServiceNow, Raises Price Target to $900
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on ServiceNow while raising its price target from $780 to $900, indicating a positive outlook on the company's stock.
October 23, 2024 | 2:14 pm
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Truist Securities has maintained a Hold rating on ServiceNow, but raised the price target from $780 to $900, suggesting a positive outlook on the stock.
The increase in the price target from $780 to $900 by Truist Securities indicates a more optimistic view on ServiceNow's future performance. Although the Hold rating remains unchanged, the higher price target suggests potential upside, which could positively influence investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100