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0.000784071774701492 0.000880474042082879 -0.00338050617617192 -0.00253216622321627 -0.00094615612025857 -0.00389465160220565 -0.00507718608208338 -0.00507718608208338
Stock impact report

Should you buy the dip in ServiceNow stock? Jefferies remains bullish [Yahoo! Finance]

ServiceNow, Inc. (NOW) 
Last servicenow, inc. earnings: 4/29 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Armis for about $7 billion, prompting investor concerns over deal size and funding, according to Jefferies. Jefferies analyst Samad Samana highlighted that “weak tape and questions on funding sources (equity or debt)” added pressure to the stock. The analyst stated that the firm's research suggests Armis is “a high-quality asset that would be a valuable addition to NOW's security portfolio.” “We think Armis would further bolster NOW's push into becoming the enterprise IT control tower, as the increased visibility paired with traditional workflows and NowAssist should translate to stronger autonomous risk management and task execution,” wrote Samana. Investors have questioned whether the reported deal signals a shift away from ServiceNow's historically “tuck-in” focused M&A strategy. However, Jefferies is “not ready to declare it a true shift in strategy,” arguing that GenAI has “kicked off a new arms race for tech companies.” The firm added it does not see the move as mana Show less Read more
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