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Upgrade Boosts 2 Beaten-Down Software Stocks

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Upgrade Boosts 2 Beaten-Down Software Stocks

Guggenheim upgraded Salesforce and ServiceNow to “buy” from “neutral,” citing that recent stock weakness has created attractive entry points. The update is supportive for near-term sentiment, with both CRM and NOW trading higher this morning. No specific financial metrics or guidance changes were cited in the news.

Analysis

Guggenheim upgraded Salesforce and ServiceNow to “buy” from “neutral,” citing that recent stock weakness has created attractive entry points. The update is supportive for near-term sentiment, with both CRM and NOW trading higher this morning. No specific financial metrics or guidance changes were cited in the news.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.25

Ticker Sentiment

CRM0.35
NOW0.35

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