Movement Alert｜ServiceNow Rises 3.09% in Regular Trading, BofA Securities Raises Price Target to $150

Market Focus

Aug 19

On August 19, ServiceNow rose 3.09% in regular trading, trading at $122.55/share, with turnover of $225 million, significantly outperforming the broader Systems Software sector.

On the news front, BofA Securities raised its price target on ServiceNow from $130 to $150. According to FactSet, the stock currently carries an average analyst rating of Buy with a consensus price target of $141.21. Earlier, Wells Fargo had also raised its target from $160 to $175 while maintaining an Overweight rating, forming a pattern of consecutive institutional upgrades.

The move stands in sharp contrast to the broader sector, which weakened on the day. Among peers, NEBIUS fell 9.75%, CrowdStrike declined 3.91%, Palo Alto Networks dropped 2.81%, Oracle slid 1.06%, and Microsoft edged down 0.13%. ServiceNow demonstrated clear relative strength amid the sector-wide pullback, supported by accumulating bullish institutional sentiment.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NOW","symbol_name":"ServiceNow","start_time":0,"source_url":"","article_id":"1192377831","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1192377831","pubTimestamp":1787147307,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On August 19, ServiceNow rose 3.09% in regular trading, trading at $122.55/share, with turnover of $225 million, significantly outperforming the broader Systems Software sector.On the news front,...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NOW":"ServiceNow"},"translate_title":"走势警报|ServiceNow 常规交易上涨 3.09%，美国银行证券将目标价上调至 150 美元","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/45ba33e8bdcfe45ae546a79e7ee55364","symbols_score_info":{"NOW":1},"content_text":"On August 19, ServiceNow rose 3.09% in regular trading, trading at $122.55/share, with turnover of $225 million, significantly outperforming the broader Systems Software sector.On the news front, BofA Securities raised its price target on ServiceNow from $130 to $150. 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