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.
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