TD Cowen analyst Derrick Wood raised the firm’s price target on ServiceNow (NOW) to $1,025 from $1,000 and keeps a Buy rating on the shares. The firm said they reported a beat and raise in-line with recent trends and newly disclosed figures on large deal wins with NOW Assist were highly encouraging and provide more concrete evidence of GenAI traction.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOW:
- ServiceNow price target raised to $975 from $900 at Baird
- ServiceNow price target raised to $913 from $906 at Bernstein
- ServiceNow price target raised to $1,050 from $1,025 at Wells Fargo
- ServiceNow price target raised to $1,000 from $850 at Canaccord
- ServiceNow price target raised to $950 from $820 at JPMorgan