MKM Partners Initiates ServiceNow With Buy

MKM Partners initiated coverage on

with a Buy rating. The target price for ServiceNow is set to $80. ServiceNow shares have gained 33.41 percent over the past 52 weeks, while the S&P 500 index has surged 6.59 percent in the same period. ServiceNow shares fell 2.85 percent to close at $74.69 yesterday.