Morgan Stanley Neutral on ServiceNow (NOW)

by MarketNewsData

  • Rating: Equal-Weight

  • Target Price: $1,019.99

  • Current Price: $1,022.98 (▼ $12.03 or 1.16%)

  • 52-Week Range: $678.66 – $1,198.09

  • Market Cap: $211.9B

  • ABR (Average Brokerage Recommendation): 1.31
    – Out of 42 firms: 35 Strong Buy, 3 Buy

Context:
Despite the neutral stance from Morgan Stanley, the broader Wall Street remains bullish on ServiceNow (NOW), a leader in cloud-based workflow solutions. The strong ABR suggests continued confidence in its long-term growth, even amid notable price volatility.

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