Scalper1 News
ServiceNow (NOW) will likely continue to grow beyond its core IT service management business, says Goldman Sachs in initiating coverage of the stock with a buy rating. The investment bank sees ServiceNow increasingly competing with companies such as CA Technologies (CA) and Hewlett-Packard (HPQ). Goldman analyst Greg Dunham set a price target of 80 on ServiceNow stock, which was up 1.5% in afternoon trading in the stock market today, near 64.50. Scalper1 News
Scalper1 News