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ServiceNow Faces Mixed Analyst Opinions: Guggenheim Downgrades While Needham Sees Strong Growth Potential
NOWServiceNow(NOW) Benzinga·2024-07-09 02:07

Loading... Loading... ServiceNow Inc NOW shares are trading lower after Guggenheim analyst John Difucci downgraded the stock from Neutral to Sell with a $640 price target. Needham analyst Mike Cikos reiterated ServiceNow with a Buy and a $900 price target. Cikos noted that in each of the past five quarters, ServiceNow has surpassed quarterly cRPO and Subscription Revenue guidance. The analyst anticipated ServiceNow can sustain 20%-plus growth over the medium-/long-term, where the company's unified platform ...