Truist Securities Reiterates Buy Rating on ServiceNow (NOW)

Truist Securities analyst Joel Fishbein Jr. reiterated a Buy rating and $1,200.00 price target on ServiceNow (NYSE: NOW).

The analyst comments "We were thoroughly impressed with the Financial Analyst Day presentation that ServiceNow delivered on Monday afternoon. The company continues to lean into their platform advantage to drive growth through sales of core products, AI, and expansion use cases. The metrics that the company offered around adoption of their AI products reaffirmed their early leadership position in the race to agentic AI, and incremental commentary on their internal adoption indicated potential for further bottom line leverage. We reiterate our Buy rating and price target."

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 $978.05 yesterday.

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