ServiceNow (NYSE:NOW) Trading Up 2% - What's Next?
ServiceNow (NYSE:NOW) shares increased by 2% to $127.33 on Monday, despite trading volume being 30% below average. Analysts maintain a "Moderate Buy" consensus with an average price target of $143.39, even after some recent target reductions. The company surpassed quarterly expectations, reporting $0.90 in adjusted earnings per share and $3.99 billion in revenue, marking a 24% year-over-year revenue increase.
Why it matters
Attributed market update with source link for portfolio context.