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ServiceNow (NYSE:NOW) Trading Down 9.8% on Analyst Downgrade
['Tyrone Williams']
Daily Political
ServiceNow, Inc. (NYSE:NOW – Get Free Report) shares traded down 9.8% during mid-day trading on Thursday after Macquarie lowered their price target on the stock from $172.00 to $140.00.
Cantor Fitzgerald restated an “overweight” rating and set a $200.00 price objective on shares of ServiceNow in a research report on Thursday.
Finally, Wall Street Zen upgraded shares of ServiceNow from a “hold” rating to a “buy” rating in a research report on Saturday, December 27th.
In the last 90 days, insiders sold 15,310 shares of company stock worth $2,533,585.
Positive Sentiment: ServiceNow expanded AI partnerships (Anthropic, OpenAI) and positioned Now Assist as a growth driver — evidence management is monetizing generative AI across customers.