ServiceNow, Inc. (NYSE:NOW) is named one of the 14 Best Large Cap Stocks to Invest In Now. Citizens reiterates Market Outperform rating with $1,300 price target on December 16. ServiceNow in talks to acquire Armis for $7 billion, its largest acquisition. Acquisition of Moveworks for $2.85 billion completed on December 15.
Bernstein SocGen Group reaffirms Outperform rating on ServiceNow, Inc. (NYSE:NOW) with $1,093 price target on December 17. Stock price drops after Armis acquisition news. Analysts defend deal, citing undervaluation of ServiceNow. Company trades below other large-cap application software companies affected by AI narratives.
ServiceNow, Inc. (NYSE:NOW) provides AI platform for enterprise operations. Research firm expects rising demand and no cut in organic growth guidance. Management emphasizes demand growth, channel checks support positive outlook. ServiceNow known for helping organizations digitize and automate workflows.
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Read more at Yahoo Finance: Analysts Stay Bullish on ServiceNow (NOW) Amid Armis Acquisition Talks
