ServiceNow Analysts Adjust Price Target Following Earnings Report
ServiceNow (NOW) reported strong Q1 results, including revenue and earnings beats, subscription growth above 20%, and raised full-year guidance. However, shares fell 18% post-earnings due to concerns about AI's impact on growth, margins, and valuation. Analysts remain cautious, with BMO Capital lowering its price target.
Tickers: $NOW
Topics: AI Impact Analyst Price Target Earnings Revenue Guidance ServiceNow Subscription Growth