Market Overview

ServiceNow Is Strong Buy Now, Vetr Crowd Says

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Despite a strong rebound since their February lows, shares of ServiceNow Inc (NYSE: NOW) are down about 19.1 percent year-to-date. But the Vetr community seems bullish, and believes the recuperation will continue, as evidenced by its average price target of $90.24. This implies a potential return of more than 29 percent from current valuations.

Related Link: Here's How Crowdsourced Ratings Can Beat The Market

Seeking to better reflect this upside potential, the Vetr community decided to upgrade its rating on ServiceNow’s stock on Monday, from 4.0 Stars (Buy) to 4.5 Stars (Strong Buy) - out of a possible 5.0 Stars rating.

It should be noted that, in accordance with the new rating, 88 percent of the crowd's ratings are bullish at the time.

Disclosure: Javier Hasse holds no interest in any of the securities or entities mentioned above.

Latest Ratings for NOW

DateFirmActionFromTo
Nov 2020KeyBancInitiates Coverage OnOverweight
Nov 2020Morgan StanleyUpgradesEqual-WeightOverweight
Oct 2020BMO CapitalMaintainsOutperform

View More Analyst Ratings for NOW
View the Latest Analyst Ratings

 

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Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings General

Latest Ratings

StockFirmActionPT
ESTCCanaccord GenuityMaintains150.0
AVAVCanaccord GenuityMaintains98.0
OKTACanaccord GenuityMaintains250.0
SNOWCanaccord GenuityMaintains275.0
RCMSVB LeerinkMaintains26.0
View the Latest Analytics Ratings
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