BMO Capital Calls ServiceNow (NOW) an 'Ongoing Opportunity'

BMO Capital analyst Keith Bachman reiterated an Outperform rating and $1,025.00 price target on ServiceNow (NYSE: NOW).

The analyst commented: "Ongoing Opportunity; While we do not believe that much new information was provided at the financial analyst event prior to the official start of NOW 25, we nevertheless conclude that NOW delivered credible solutions and strategies for driving durable growth including capturing emerging AI opportunities. Bottom line, NOW is expanding its AI platform to increase use cases and competitive advantage. We are not changing our estimates or price target and reiterate our Outperform rating."

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 $978.05 yesterday.

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