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Market Impact: 0.32

ServiceNow Bulls Cheer After Fresh 'Buy' Rating

NOW
Analyst InsightsCompany FundamentalsMarket Technicals & Flows

ServiceNow shares rose 7% to $101.75 after BofA Global Research initiated coverage with a buy rating and a $130 price target, implying about 37% upside from Friday's close. The move reflects a positive analyst call rather than a fundamental update, but it may support near-term sentiment and trading momentum in the stock.

Analysis

ServiceNow shares rose 7% to $101.75 after BofA Global Research initiated coverage with a buy rating and a $130 price target, implying about 37% upside from Friday's close. The move reflects a positive analyst call rather than a fundamental update, but it may support near-term sentiment and trading momentum in the stock.

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Market Sentiment

Overall Sentiment

moderately positive

Sentiment Score

0.62

Ticker Sentiment

NOW0.55