ServiceNow-Consensus indicates a potential -6.2% drop

ServiceNow-Consensus

Current service There are now 29 analysts in the stocks discovered using the stock symbol (NOW). The consensus rating is “Buy”. The target price for calculating the average target price is between 600 and 165, and we see 488.48. Given the stock’s previous closing price of 520.68, this indicates a potential downside of -6.2%. The 50-day average is 481.1 and the 200-day moving average is 409.33. The company’s market value is $100.67 billion. Company website: http://www.servicenow.com

ServiceNow provides enterprise cloud computing solutions to define, organize, integrate, manage and automate services for global enterprises. The company provides information technology (IT) service management applications; and digital workflow products for customer service, human resources, security operations, integrated risk management, and other corporate departments. It runs the Now platform, which provides workflow automation, electronic service catalogs and portals, configuration management systems, data benchmarking, performance analysis, encryption, and collaboration and development tools. The company also provides IT service management product suites for employees, customers and partners; IT operations management products that connect customers’ physical and cloud-based IT infrastructure with applications and platforms; IT asset management products that can Automate the life cycle of IT assets through workflow; IT business management product suite for managing IT priorities; and enterprise development and operation products for developer tool chains. In addition, it provides customer service management products for customer service cases and requirements; human resource service delivery products; safe operation products for third-party safe operation management requirements; governance, risk and compliance products to create policies and controls; and Field service management application. In addition, the company provides professional, training and customer support services; and certification programs. It serves government, financial services, healthcare, telecommunications, manufacturing, IT services, technology, oil and gas, education and consumer products. The company sells its products through direct sales teams and resale partners. The company was formerly known as Service-now.com and changed its name to ServiceNow in May 2012. The company was founded in 2004 and is headquartered in Santa Clara, California.

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