Movement Alert｜ServiceNow Intraday Rise 3.26% in Regular Trading, Evercore ISI Raises Price Target to $175

Market Focus

Yesterday

On October 13, ServiceNow rose 3.26% in Regular Trading, trading at $144.735/share, with turnover of $225 million.

The move coincided with a fresh analyst action: Evercore ISI raised its price target on ServiceNow to $175 from $160, adding to a recent wave of upward target revisions on the stock.

That latest revision followed other recent increases, including Barclays to $160 from $134, Argus Research to $170 from $134, and Stifel to $160 from $120. Separately, UBS said demand was stable to improving ahead of the company’s October 28 earnings report, with rising interest in AI products and security offerings providing potential upside. The broader software group had also been supported by improving sentiment toward AI application names.

(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.)

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Separately, UBS said demand was stable to improving ahead of the company’s October 28 earnings report, with rising interest in AI products and security offerings providing potential upside. The broader software group had also been supported by improving sentiment toward AI application names.</p><p>(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. 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