ServiceNow Seen Advancing on Buy Rating and Higher Target, Near-Term Upside
Oct 23, 2026, 8:41 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
A Buy rating and higher PT from a reputable firm (Truist) can attract fresh funds, supporting a near-term move toward the raised target; price responded with a +2.5% gain, signaling initial positive reception to the catalyst.
AI summary
What happened, with direct paths to the underlying reporting
Analysts raised ServiceNow targets and reinforced a positive stance, with Truist boosting NOW to $180 and Buy. The stock rose about 2.5% to $157 as investor interest persists, aided by a final-trade nod from a notable influencer. Market mood strengthened further by Spotify’s upbeat momentum despite earnings miss, suggesting appetite for growth names alongside NOW.
Truist raises NOW target to $180; maintains Buy, NOW +2.5% to $157.
Rob Sechan cites NOW as his final trade on CNBC, signaling continued interest.
Spotify SPOT jumps 11% after mixed Q3; growth sentiment improves mood for growth names.
Zscaler ZS neutral with price target $215; market focus remains on NOW catalysts.
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