StoneX Raises ServiceNow Price Target to $165 From $130
StoneX raised its ServiceNow price target to $165 per share from $130 and kept its Buy rating, according to Dow Jones Newswires citing Benzinga.
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what happened
Research firm StoneX lifted its price target on ServiceNow shares to $165 from $130 and maintained a Buy rating on the stock. Dow Jones Newswires reported the change, citing Benzinga data.
The update is a single analyst action and includes no new financial results from the company.
why it matters
Price target changes like this mainly affect sentiment around one stock rather than the broader market. The move reflects StoneX's updated view of ServiceNow's valuation and growth prospects in cloud software.
market impact
ServiceNow shares: a higher price target may support investor sentiment in the stock
tags
instruments
sources
- ServiceNow Price Target Raised to $165.00/Share From $130.00 by StoneX — Dow Jones Newswires, 19 October 2026 at 13:04 UTC
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