Key Highlights
- Stifel analyst rates ServiceNow (NOW) as a Buy but notes near-term headwinds.
- U. S. federal spending cuts include a $15 million reduction in a Treasury Department contract.
- Evercore ISI and Oppenheimer maintain Buy ratings with price targets of $225 and $200, respectively.
- Citi also maintains a Buy rating with a higher price target of $250.60.
- Analysts expect a solid upcoming quarter for ServiceNow.
