Cantor Fitzgerald Reiterates Overweight Rating on ServiceNow (NOW)

Cantor Fitzgerald analyst Thomas Blakey reiterated an Overweight rating and $1,048.00 price target on ServiceNow (NYSE: NOW).

The analyst commented, "We attended ServiceNow’s financial analyst day and its annual user event, Knowledge, in Las Vegas this week, where we had the opportunity to speak with representatives of the company, as well as senior management. We walked away more constructive on ServiceNow’s position in AI, with the ServiceNow AI Platform focused on not only cutting east to west, across workflows, but more north and south, in-line with our views that data unification, data access and security, and overall data control along the infrastructure layer of software will be the winners in an AI-driven world."

For an analyst ratings summary and ratings history on ServiceNow click here. For more ratings news on ServiceNow click here.

Shares of ServiceNow closed at $983.29 yesterday.

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