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ServiceNow (NOW) PT Raised to $120 at Guggenheim

July 27, 2017 6:06 AM EDT
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Price: $104.49 -1.48%

Rating Summary:
    53 Buy, 9 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 9 | Down: 6 | New: 26
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Guggenheim raised its price target on ServiceNow (NYSE: NOW) to $120.00 (from $108.00) while maintaining a Buy rating.

Analyst Nate Cunningham continues to view the company as a best-in-class offering when it comes to growth at scale and FCF generation.

FY 2017 EPS estimate rises from $1.12 to $1.16 and FY 2018 EPS estimate rises from $1.66 to $1.69.



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