ServiceNow (NOW) to acquire Moveworks
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Bernstein on if now is 'a rare discount investment opportunity' to buy ServiceNow shares
March 10, 2025 6:00 PM EDTBernstein analysts are questioning whether the recent pullback in ServiceNow (NYSE: NOW) stock presents "a rare discount investment opportunity."
While the firm has long viewed ServiceNow as "one of the most crowded names in software," it notes that occasional pullbacks have historically created "great buying opportunities, but ones that lasted only weeks."
Following... More
Goldman Sachs Reiterates Buy Rating on ServiceNow (NOW)
March 10, 2025 4:01 PM EDTGoldman Sachs analyst Kash Rangan reiterated a Buy rating and $1,200.00 price target on ServiceNow (NYSE: NOW).
The analyst comments "ServiceNow announced today that it has agreed to acquire the AI assistant company Moveworks. ServiceNow is -6% (vs. NASDAQ -3%) intraday as... More
Evercore ISI Reiterates Outperform Rating on ServiceNow (NOW)
March 10, 2025 2:15 PM EDTEvercore ISI analyst Kirk Materne reiterated an Outperform rating and $1,150.00 price target on ServiceNow (NYSE: NOW)
The analyst comments "Bottom line: While the rapid growth of the company requires some meaningful assumptions (with a lot of potential variability) in terms of trying to frame the level of near-term revenue upside,... More
