MKM Partners Reiterates Buy on ServiceNow (NOW) After Meeting with Management

MKM Partners reiterated a Buy rating and $90.00 price target on ServiceNow (NYSE: NOW) after meeting with management. NOW does not believe that recent stock market events will impact business activity.

Analyst Kevin Buttigieg commented, "We are reiterating our Buy rating and $90 price target after meeting with NOW management at the company's HQ. NOW is richly valued, but has strong growth with multiple drivers, unique positioning, and a rare balance between growth and profitability that should become clearer over time."

For an analyst ratings summary and ratings history on ServiceNow click here. For more ratings news on ServiceNow click here.

Shares of ServiceNow closed at $73.33 yesterday.

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