Why AI Stock ServiceNow Stock Got Mashed on Monday
(NYSE: NOW) has been a popular stock lately, due in no small part to its assertive push into artificial intelligence (AI)-assisted solutions. On Monday, however, that popularity was dinged after an analyst downgraded the cloud computing specialist's shares. As a result, ServiceNow shed nearly 5% of its value.
Before market open, Guggenheim's John DiFucci changed his recommendation on ServiceNow stock. The prognosticator now believes the specialty tech company is a sell; previously he had tagged it with a neutral rating. His new price target on the stock is $640 per share.
DiFucci believes ServiceNow will not disappoint with its second-quarter earnings release, which is scheduled to be published later this month. Rather, he feels that the company will struggle a bit in the latter half of the year, and certain optimistic assumptions by management might not be realized.
Source Fool.com
ServiceNow Inc. Aktie
Starkes Kaufinteresse bei ServiceNow Inc., mit einer großen Anzahl an Buy- und wenigen Sell-Einschätzungen.
Ein leicht positives Kursziel von 815 € für ServiceNow Inc. gegenüber dem aktuellen Kurs von 750.4 € wird gesehen.
