Movement Alert｜ServiceNow Intraday Rise 3.03% as Multiple Investment Banks Raise Price Targets

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On October 12, ServiceNow rose 3.03% in regular trading, trading at $145.68/share, with turnover of $82.8351 million. The move follows a wave of price target increases from major investment banks, with Barclays lifting its target from $134 to $160, Argus Research from $134 to $170, Stifel from $120 to $160, and Cantor Fitzgerald previously raising its target to $174.

UBS noted that demand remains stable to improving ahead of the company's third-quarter results, with rising interest in AI products and potential upside from the security business. ServiceNow is scheduled to report third-quarter earnings on October 28, with consensus EPS expectations of $0.56.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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