On July 13, ServiceNow rose 3.48% in regular trading, trading at $111.46/share, with turnover of $502 million. The stock continued its recovery momentum as several recent positive catalysts converged to support buying interest.

On the news front, multiple bullish signals have accumulated in recent sessions. On July 9, Truist Securities raised its price target on ServiceNow from $120 to $130 while maintaining a Buy rating. The same day, ServiceNow and Hitachi Digital Services launched a partnership to deliver an AI-backed product for mission-critical infrastructure monitoring and remote inspection. Earlier in July, Guggenheim upgraded ServiceNow from Neutral to Buy with a $125 price target, signaling that AI will not disrupt traditional enterprise software business models. The company reported Q1 revenue growth of 22% year-over-year and raised its AI annual contract value target to $1.5 billion, underscoring solid fundamentals heading into its next earnings report on July 22.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)