BUZZ-ServiceNow dips; TD Cowen cuts PT on acquisition concerns

Reuters

昨天

BUZZ-<a href="https://laohu8.com/S/NOW">ServiceNow</a> dips; TD Cowen cuts PT on acquisition concerns

** Software provider ServiceNow's NOW.N shares fall 1.4% to $152.20

** TD Cowen cuts PT to $230 from $250, still an upside of 49% to stock's last close

** Brokerage concerned about "NOW moving away from just tuck-ins to large M&A w/ beefy valuations, which questions health of organic growth & new integration risks"

** On Tuesday, NOW agreed to buy cybersecurity startup Armis for $7.75 bln

** Avg rating of 47 analysts is "buy;" their median PT is $230 - data compiled by LSEG

** Up to last close, stock has fallen 27.2% this year

(Reporting by Anhata Rooprai in Bengaluru)

((Anhata.Rooprai@thomsonreuters.com))

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TD Cowen cuts PT on acquisition concerns</title></head><body><p>** Software provider ServiceNow's <span>NOW.N</span> shares fall 1.4% to $152.20</p><p>** TD Cowen cuts PT to $230 from $250, still an upside of 49% to stock's last close</p><p>** Brokerage concerned about \"NOW moving away from just tuck-ins to large M&amp;A w/ beefy valuations, which questions health of organic growth &amp; new integration risks\"</p><p>** On Tuesday, NOW <span>agreed to buy</span> cybersecurity startup Armis for $7.75 bln</p><p>** Avg rating of 47 analysts is \"buy;\" their median PT is $230 - data compiled by LSEG</p><p>** Up to last close, stock has fallen 27.2% this year</p><p> (Reporting by Anhata Rooprai in Bengaluru)</p><p> ((Anhata.Rooprai@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2023250504.SGD","symbol_name":"Allianz Thematica Cl AMg DIS H2-SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251224:nL6N3XG0RC:1","article_id":"2593240875","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2593240875","pubTimestamp":1766588968,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-ServiceNow dips; 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