Wells Fargo raised the firm’s price target on ServiceNow (NOW) to $1,150 from $1,050 and keeps an Overweight rating on the shares. The firm notes that ServiceNow is among the few demonstrating tangible AI monetization, with the upcoming November 24 launch of CSM/ITSM agents in Xanadu as a catalyst ahead. Wells expects ServiceNow plays offense in AI customer service.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- 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 (NOW) Stock’s Next Stop Is $1000
- ServiceNow price target raised to $1,071 from $1,068 at Citi
- ServiceNow price target raised to $1,045 from $985 at RBC Capital
- ServiceNow price target raised to $1,040 from $1,020 at KeyBanc
- ServiceNow price target raised to $1,000 from $850 at Piper Sandler