RBC Capital Maintains Outperform Rating on ServiceNow Despite Lowered Price Target

RBC Capital has maintained an Outperform rating on ServiceNow (NOW) despite lowering its price target from $150 to $121. The firm cited poor sector sentiment due to concerns around LLM competition and macroeconomic uncertainties. ServiceNow announced AI-enabled product updates, but analysts remain cautious about near-term growth.

By Jeff Lewis Wed, April 15, 2026 at 4:59 PM GMT+3 2 min read · Yahoo Finance · April 15, 2026, 13:59 UTC

Tickers: $NOW

Topics: AI Analyst Ratings Market Sentiment ServiceNow Stock Performance

Read the full article at Yahoo Finance

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