ServiceNow shares are trading higher after the company reported better-than-expected Q3 financial results. Additionally, multiple firms raised their respective price targets on the stock.
Portfolio Pulse from Benzinga Newsdesk
ServiceNow shares rose following strong Q3 results and increased price targets from multiple firms.
October 24, 2024 | 2:39 pm
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POSITIVE IMPACT
ServiceNow's stock price increased due to better-than-expected Q3 financial results and subsequent price target raises by multiple firms.
The company's strong Q3 performance and the positive reaction from analysts, who raised their price targets, are likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100