ServiceNow (NOW) Tops Q4 EPS by 12c; Guides

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ServiceNow (NOW) Lifts Off Post-Earnings Lows

January 28, 2016 1:03 PM EST

ServiceNow (NYSE: NOW) continues to bounce of this morning's earnings/guidance related lows. Shares are down 15.3% after trading down as much as 23.5% lower.

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UPDATE: MKM Partners Cuts ServiceNow (NOW) to Neutral on Macro Weakness, Valuation

January 28, 2016 7:53 AM EST

(Updated - January 28, 2016 11:12 AM EST)

MKM Partners downgrades ServiceNow (NYSE: NOW) from Buy to Neutral with a price target of $60. The change follows Q4 results. Analyst Kevin Buttigieg doesn't think the stock's premium is sustainable given decelerating billings and softer macro.

Buttigieg... More

Mizuho Securities Downgrades ServiceNow (NOW) to Neutral

January 28, 2016 6:11 AM EST

Mizuho Securities downgraded ServiceNow (NYSE: NOW) from Buy to Neutral with a price target of $65.00 (from $90.00), saying the stock is now in the penalty box following results and guidance.

Analyst Abhey Lamba commented, "We are downgrading ServiceNow to Neutral from Buy... More