ServiceNow Receives Positive Rating Amid Market Volatility

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 19 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 51%

Business And Finance Berita

Servicenow,Macroeconomic Uncertainty,Policy Changes

Despite market volatility, analysts recommend ServiceNow for its robust financials, reliable business model, and innovative products. Moskowitz increased the price target to $1,070 from $980, citing the company's strong outlook and the potential of its Workflow Data Fabric product.

Macroeconomic uncertainties and potential policy changes under President-elect Donald Trump's administration have pushed the stock market to new heights over the past four weeks. However, investors can benefit if they focus on companies that can navigate challenges and deliver strong returns in the long term. Analysts at the top Wall Street firms recommend stocks of companies with robust financials, reliable business models, and attractive product offerings.

One such recommendation is ServiceNow, which received a positive rating from Moskowitz, who raised the price target to $1,070 from $980. The analyst cited the company's strong outlook for the near term and medium term, robust demand, and the potential of its Workflow Data Fabric product, which is expected to double its total addressable market to $500 billion

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 524. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Top Wall Street analysts pick 3 stocks for their attractive prospectsTipRanks’ analyst ranking service pinpoints Wall Street’s best-performing stocks, including ServiceNow and Snowflake.
Sumber: NBCPhiladelphia - 🏆 569. / 51 Baca lebih lajut »