ServiceNow (NOW) Tops Q3 EPS by 18c, Sub Revenue Rises 31%; Raises Guidance

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ServiceNow (NOW) PT Raised to $575 at Cowen

October 29, 2020 7:17 AM EDT

Cowen analyst Derrick Wood raised the price target on ServiceNow (NYSE: NOW) to $575.00 (from $555.00) while maintaining an Outperform rating.

The analyst commented, "NOW delivered a strong 3Q billings beat w/ 24% cc growth ahead of our ~18% est, the largest beat vs. guide... More