Citigroup keeps Buy on ServiceNow but cuts price target to $157 from $170
According to TradingView, Citigroup kept its Buy rating on ServiceNow while lowering the target by 7.6%, from $170 to $157.
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what happened
Citigroup kept its Buy rating on ServiceNow shares but reduced the price target from $170 to $157, a 7.6% cut. The bank's new target implies a 4.6% rise from the October 28 close of $150.13, according to TradingView, which reported the change.
The same report lists recent analyst notes from the past 30 days. Across the five most recent reviews, targets range from $140 to $160. StoneX and Truist Securities maintained Buy with a $150 target, UBS kept a Neutral rating at $140, TD Cowen stayed at Buy with $160, and Barclays kept Overweight at $152.
why it matters
Changes like this show that analysts hold differing views on the company's prospects, and the spread of targets is fairly wide. When the rating stays the same, a target revision usually has a modest effect on the stock. This is a routine update from analysts.
tags
instruments
sources
- Citigroup maintains ServiceNow at Buy, lowers price target to $157 from $170 — TradingView, 29 October 2026 at 19:09 UTC
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prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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