RBC Capital Maintains Outperform on ServiceNow, Raises Price Target to $1045
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has maintained an Outperform rating on ServiceNow (NYSE:NOW) and raised the price target from $985 to $1045.
October 24, 2024 | 5:35 pm
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RBC Capital has reaffirmed its Outperform rating on ServiceNow and increased the price target from $985 to $1045, indicating confidence in the company's future performance.
The increase in price target from $985 to $1045 by RBC Capital suggests a positive outlook on ServiceNow's future performance. The Outperform rating indicates that the analyst expects the stock to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100