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

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

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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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

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

January 27, 2016 4:10 PM EST

ServiceNow (NYSE: NOW) reported Q4 EPS of $0.20, $0.12 better than the analyst estimate of $0.08. Revenue for the quarter came in at $285.7 million versus the consensus estimate of $281.36 million.

GUIDANCE:

ServiceNow sees Q1 2016 revenue of $298-303 million, versus the consensus of $297.8... More