In the bio-tech market, ServiceNow has been gaining significant attention with many investors expanding their stakes in the stock. Among them, Westwind Capital acquired 827 shares, Perpetual Ltd has increased its position, and Transcend Capital Advisors also bought a significant number of shares. DA Davidson initiated its coverage of ServiceNow with a 'Buy' rating, and Wall Street Zen upgraded their rating to 'Buy'. Additionally, Rimini Street eyed partnership opportunities with ServiceNow.
An increase in the stock price target for ServiceNow suggests optimistic market sentiment. Multiple asset management and investment firms such as Aurora Private Wealth, Generate Investment Management, Sabal Trust CO, and Terra Nova Asset Management have initiated or extended their investment in ServiceNow. The presence of AI potential in ServiceNow has been recognized by DA Davidson further strengthening its position. However, a handful of firms like Overbrook Management Corp and Oppenheimer Asset Management decreased their holdings. CEO William McDermott and the CFO have sold a portion of their stock, but the company continues to be favored for long-term growth.
Servicenow Stocks News Analytics from Sun, 13 Apr 2025 07:00:00 GMT to Sat, 28 Jun 2025 12:34:26 GMT - Rating 7 - Innovation 6 - Information 8 - Rumor -3
