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Stock impact report

Benchmark Starts ServiceNow (NOW) at $125 Target on Workflow AI Strength [Yahoo! Finance]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On April 1, Benchmark analyst Yi Fu Lee initiated coverage of ServiceNow, Inc. (NYSE:NOW) with a Buy rating and a $125 price target, highlighting the company's integrated platform combining AI, data, and workflow automation. The analyst views ServiceNow as a key beneficiary of the emerging Agentic AI cycle, with strong leadership and a proven ability to deliver profitable growth, positioning it for long-term value creation, particularly following a significant pullback in the stock. On March 31, Wells Fargo lowered its price target on ServiceNow, Inc. (NYSE:NOW) to $185 from $225 while maintaining an Overweight rating, noting that although Q4 results were strong, near-term catalysts may be limited. However, the firm pointed to upcoming events such as the Knowledge conference and investor day as potential drivers of renewed investor interest. This suggests that while short-term sentiment may be cautious, the underlying business momentum remains intact, supporting a constructive long Show less Read more
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