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0 0 0.00108841795249379 0.00108841795249379 -0.00121646712337543 -0.000509635700108873 -0.000509635700108873 -0.000509635700108873
Stock impact report

Guggenheim Upgrades ServiceNow Despite Ongoing Challenges [Yahoo! Finance]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
company, saying its underlying quality justifies a more positive stance even though several challenges remain. The stock rose 0.8% in premarket trading following the move. Warning! GuruFocus has detected 3 Warning Sign with NOW. Is NOW fairly valued? Test your thesis with our free DCF calculator. In its note, Guggenheim said investors often underestimate how difficult it can be to short a company with ServiceNow's track record and recurring revenue base. The firm added that years of consistent execution and customer retention still carry weight in evaluating long-term prospects. At the same time, analysts pointed to areas that continue to pressure the narrative. ServiceNow has struggled to clearly monetize its AI offerings, and the company's reliance on acquisitions has raised questions about the sustainability of its growth. These factors have contributed to notable underperformance compared with major indices since mid-2024. Guggenheim thought the change was necessary sinc Show less Read more
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