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Analysts Cut ServiceNow (NOW) Price Targets But Stay Positive

Analysts have recently lowered their price targets for ServiceNow (NOW) while maintaining positive ratings. Wells Fargo reduced its target from $255 to $225, RBC Capital from $240 to $195, and Piper Sandler from $230 to $200, all while expressing optimism for 2026 as a potentially stronger year for enterprise AI adoption.

Analysts Cut ServiceNow (NOW) Price Targets But Stay Positive

Credit: Yahoo

Key Highlights

  • Wells Fargo lowered its price target for ServiceNow from $255 to $225.
  • RBC Capital cut its price target from $240 to $195 but maintains an Outperform rating.
  • Piper Sandler reduced its target from $230 to $200 while keeping an Overweight rating.
  • Analysts believe 2026 could see increased benefits from AI for companies like ServiceNow.
  • Citi maintained a 'Buy' rating with a price target of $260 for ServiceNow.
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Sources

  1. Analysts Cut ServiceNow (NOW) Price Targets But Stay Positive
  2. Piper Sandler Lowers PT on ServiceNow (NOW) Stock

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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