Despite describing ServiceNow as a “resilient” software company, BNP Paribas Exane’s Slowinski cut his price target on the stock to $120 from$186, implying moderate downside from current levels, while maintaining a “Neutral” rating.Shares of the enterprise software firm started the new year on a downbeat note, down 12% on a year-to-date (YTD) basis, extending a slide that weighed on the stock throughout 2025 amid concerns that AI could devastate its business model.ServiceNow is a prominent provider of clou ...