Ventum Has Lowered Expectations for ServiceNow (TSE:NOW) Stock Price

ServiceNow (TSE:NOW) had its target price dropped by stock analysts at Ventum from C$0.65 to C$0.50 in a note issued to investors on Friday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock.

Separately, Stifel Nicolaus reduced their price target on shares of ServiceNow from C$0.25 to C$0.22 and set a “sell” rating for the company in a research note on Friday. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of C$0.36.

ServiceNow Price Performance

ServiceNow Company Profile

NowVertical is a Vertical Intelligence (VI) company that delivers industry-specific data, technology, and artificial intelligence (AI) applications to private and public customers globally. Its proprietary solutions service small, medium and large organizations to transform their data, technology and AI investments into Vertically Intelligent ones. This enables our customers to accelerate their time to value, minimize risk and unlock transformative value for their modern enterprise.