Form 8-K ServiceNow, Inc. For: Apr 16

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ServiceNow (NOW) PT Cut to $90 at Brean Capital

April 17, 2015 8:03 AM EDT

Brean Capital analyst Sarah Hindlian trimmed her price target on ServiceNow (NYSE: NOW) to $90.00 (from $97.00) following ho-hum Q1 results but maintained a Buy rating. The analyst said elongating sales cycles are coming into play.

Hindlian commented, "ServiceNow reported a quarter that was slightly above... More