ServiceNow (NOW) PT Lowered to $175 at Oppenheimer

Go back to ServiceNow (NOW) PT Lowered to $175 at Oppenheimer

4 SaaS stocks to buy into Q4 earnings: Morgan Stanley

January 23, 2026 4:30 PM EST

Application software valuations have compressed, but Morgan Stanley says investors should stay selective and focus on four names with clearer catalysts into fourth-quarter results.

Analyst Elizabeth Porter wrote that AI-concerns have resulted in the application SaaS valuation discount nearly doubling, widening to about 37 percent from roughly 20 percent a year earlier.

While evidence is building to counter AI-bear cases, Porter said the... More