- Shares of ServiceNow Inc (NYSE: NOW) received a $ 837 target price from CFRA. These are the details.
Shares of ServiceNow Inc (NYSE: NOW) received a $ 837 target price from CFRA. And CFRA maintains a “Strong Buy” rating on the shares.
Analysts became bullish about ServiceNow following the company’s fourth quarter results and the 2022 top-line and margin targets were also higher than expected on Wall Street despite some headwinds.
Late last month, ServiceNow reported Q4 EPS of $ 1.46, which is $ 0.03 better than analyst estimates of $ 1.43. And revenue for the quarter was $ 1.61 billion compared to the consensus estimate of $ 1.6 billion.
In terms of guidance, the company sees Q1 Subscription revenues of $ 1.61- $ 1.615 billion. And they see Subscription revenues in FY22 of $ 7.02- $ 7.04 billion.
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