Truist Upgrades ServiceNow to Buy on AI-Driven Gro…
From Financial Modeling Prep: 2025-05-01 12:45:00
ServiceNow (NYSE:NOW) was upgraded to Buy by Truist Securities with a price target of $1,200, highlighting its strategic role in enterprise IT and AI trends. Analysts predict continued growth as the company consolidates the IT stack and capitalizes on market opportunities amidst macroeconomic uncertainty. The stock pullback presents an attractive entry point for investors looking to benefit from ServiceNow’s scalable platform and AI capabilities.
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