Canaccord Genuity Maintains Buy on ServiceNow, Raises Price Target to $1000
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained a Buy rating on ServiceNow and raised its price target from $850 to $1000, indicating a positive outlook for the company's stock.
October 24, 2024 | 10:56 am
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POSITIVE IMPACT
Canaccord Genuity has maintained a Buy rating on ServiceNow and increased the price target from $850 to $1000, suggesting a positive short-term outlook for the stock.
The increase in the price target from $850 to $1000 by Canaccord Genuity reflects a strong positive sentiment towards ServiceNow's future performance. This is likely to boost investor confidence and could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100