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A statement released earlier today by Stephens about ServiceNow Inc (NYSE:NOW) bumps the target price to $120.00

Yesterday ServiceNow Inc (NYSE:NOW) traded -1.01% lower at $101.70. The company’s 50-day moving average is $118.60 and its 200-day moving average is $107.46. The last closing price is down 15.96% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 3,199,863 shares of the stock were exchanged, up from an average trading volume of 1,334,020

Stephens bumped up the target of ServiceNow Inc (NYSE:NOW) to $120.00 indicating a possible upside of 0.18%.

Previously on 5/24/2017, Bernstein reported on ServiceNow Inc (NYSE:NOW) raised the target price from $0.00 to $120.00. At the time, this indicated a possible upside of 0.18%.

See Chart Below

ServiceNow Inc (NYSE:NOW)

ServiceNow Inc has a 52 week low of $72.80 and a 52 week high of $129.56 The company’s market cap is currently $0.

In addition to Stephens reporting its target price, a total of 25 brokers have issued a report on the stock. The consensus target price is $80.76 with 11 brokers rating the stock a strong buy, 12 brokers rating the stock a buy, 5 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About ServiceNow Inc (NYSE:NOW)

ServiceNow, Inc. is provider of enterprise cloud computing solutions that define, structure, manage and automate services for global enterprises. The Company offers a set of cloud-based services that automate workflow within and between departments in an enterprise. It provides workflow solutions, and focuses on service management for customer support, human resources, security operations and other enterprise departments. The platform also enables customers to create, by themselves or with its partners, their own service-oriented business applications throughout the enterprise. The Company delivers its software through the Internet as a service. It markets its services to enterprises in a range of industries, including financial services, consumer products, information technology services, healthcare, government, education and technology. It operates data centers in Australia, Brazil, Canada, Hong Kong, the Netherlands, Singapore, Switzerland, the United Kingdom and the United States.

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