Emil Jusifov in the investor magazine “DerAktionär” carefully studied the shares of ServiceNow Inc. (ISIN: US81762P1021, WKN: A1JX4P, stock code: 4S0, New York Stock Exchange: NOW) in the current stock analysis.
There is no doubt that ServiceNow is one of the fastest growing software companies. What is particularly impressive is that so far, Californians have exceeded expectations almost every quarter. Analysts also acknowledge this.
Morgan Stanley analyst Keith Weiss has upgraded ServiceNow’s stock rating to “overweigth” and raised its price target from $559 to $652. Experts believe that ServiceNow will continue to grow at an average rate of 25% every year due to its positioning in the field of workflow management and automation. Weiss also emphasized that the free inflow of funds will exceed 30%. Given these key data, ServiceNow’s ratings continue to be attractive.
Most analysts are also generally bullish. A total of 27 analysts recommended buying the stock. Five analysts gave recommendations to keep, and only two analysts rated the paper as “sell”.
From a technical chart point of view, ServiceNow stock should break out of short-term sideways movement and break the previous high of $537.53. Then, the method is very clear, marking the next round as $600. Shareholders believe that the bulls will be able to do this soon, and recommend that profits should be lost. New user of ServiceNow, so Emil Jusifov of “DerAktionär”. (Analysis starting on November 16, 2020)
In addition, under the link below, please pay attention to the information on the disclosure obligations in the event of a conflict of interest defined by Directive 2014/57/EU and corresponding EU regulations.
ServiceNow Stock Exchange:
Tradegate share price services now share:
421,75 Euro-1.79% (16.11.2020, 17:08)
New York Stock Exchange Stock Price Service
498,96 USD -1,78% (16.11.2020, 16:53)
ISIN ServiceNow-Aktie:
US81762P1021
WKN ServiceNow Promotion:
A1JX4P
Share the stock code ServiceNow to Germany:
4S0
New York Stock Exchange logo service
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Introduction to ServiceNow:
ServiceNow Inc. (ISIN: US81762P1021, WKN: A1JX4P, stock code: 4S0, NYSE code: NOW) is an enterprise cloud computing solution provider that defines, organizes, manages and automates services for global companies. The company provides a series of cloud-based services that can automate workflows within and between company departments. (16.11.2020 / ac / a / n)
Disclosure of possible conflicts of interest:
You can view possible conflicts of interest on the creator/analytic source website.
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