ServiceNow (NYSE: NOW) started this week on weak footing following reports that the workflow automation company is in advanced talks to take over Armis Security. NOW is reportedly willing to pay nearl... ...

Upgrades - Morgan Stanley upgraded L3Harris Technologies (LHX) to Overweight from Equal Weight with a price target of $367, up from $350, citing attractive aerospace and defense demand outpacing supply growth into 2026 [2] - Morgan Stanley also upgraded General Dynamics (GD) to Overweight [2] - Goldman Sachs upgraded Rockwell Automation (ROK) to Neutral from Sell with a price target of $448, up from $329, highlighting early stages of structural pricing improvements under new management [3] - Jefferies upgraded Okta (OKTA) to Buy from Hold with a price target of $125, up from $90, noting significant opportunities in building a complete identity platform [4] - Morgan Stanley upgraded Roku (ROKU) to Overweight from Underweight with a price target of $135, up from $85, anticipating a strong 2026 for U.S. advertising spend due to digital strength [4] Downgrades - Baird downgraded Zimmer Biomet (ZBH) to Neutral from Outperform with a price target of $100, down from $117, due to disappointing 2025 projections despite good initial product uptake [5] - Wells Fargo downgraded Capri Holdings (CPRI) to Equal Weight from Overweight with a price target of $27, up from $25, arguing that positive catalysts are now behind and risk/reward is more balanced [5] - Morgan Stanley downgraded Lockheed Martin (LMT) to Equal Weight from Overweight with a price target of $543, down from $630, while still viewing aerospace and defense as attractive [5] - Citizens downgraded StubHub (STUB) to Market Perform from Outperform, expecting increased competition in 2026 to limit share gains [5] - KeyBanc downgraded GitLab (GTLB) to Sector Weight from Overweight, indicating pricing power will be a headwind and execution risk is increasing due to business model changes [5]

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.Considering buying ROK stock? Here’s what analysts think: Read This Next: Photo via Shutterstock ...

Wolfe Research将ServiceNow的目标价从1210美元下调至1050美元，仍维持"跑赢大盘"评级。(格隆汇) ...

Market Analysis by covering: ServiceNow Inc. Read 's Market Analysis on Investing.com ...

Group 1: Market Movements - Baoji Pharmaceutical-B (02659) surged over 3.2% amid its debut on the Hong Kong Stock Exchange, closing up 138.82% on its first day, with a market capitalization exceeding HKD 20 billion [1] - New Energy (01799) and Xinyi Solar (00968) saw declines of 3.01% and 3.67% respectively, as the photovoltaic sector faced weakness, with rumors of a 30 billion yuan investment for capacity storage by major companies [1] - Xpeng Motors-W (09868) and Li Auto-W (02015) dropped 4.88% and 2.67% respectively, following data from the China Association of Automobile Manufacturers indicating a month-on-month increase in production and sales [1] Group 2: Company-Specific News - Bolek Vision Cloud-B (02592) experienced a significant drop of nearly 15%, having previously doubled in price over 10 trading days, as it announced a new drug trial application to the FDA [2] - Hu Shang Ayi (02589) rose nearly 6% as Nayuki Tea expanded into the U.S. market, enhancing the international presence of Chinese tea brands [2] - Gold stocks fell sharply, with Zijin Mining (02899) and Shandong Gold (01787) declining by 4.29% and 4.94% respectively, following a report on the Bloomberg Commodity Index's upcoming rebalancing [2] Group 3: Cryptocurrency and Technology - Cryptocurrency ETFs faced significant declines, with notable drops in Bitcoin and Ethereum-related funds, as Bitcoin fell 3.3% from its record high, reflecting market pressures amid weak liquidity [3] - Oracle (ORCL.US) continued its downward trend, dropping 2.66% due to delays in delivering AI data centers for OpenAI, attributed to labor and material shortages [6] - Nvidia (NVDA.US) saw a slight increase of 0.73% after announcing the release of its third-generation language model, aimed at writing and programming tasks [6]

Core Insights - ServiceNow, Inc. announced its intent to acquire Veza, a leader in Identity Security, which has led to a 5% increase in its share price since the announcement, although the stock is still down 17.95% year-to-date [1][2] Group 1: Acquisition Details - The acquisition targets a critical cybersecurity gap related to managing access permissions for humans, machines, and AI agents, especially with the rise of AI-powered threats [2] - The integration of Veza's technology aims to enhance ServiceNow's Security and Risk products by creating a unified platform and improving its AI Control Tower and security suite [2][4] - The deal is expected to close at over $1 billion, although specific transaction details were not disclosed [4] Group 2: Market Sentiment - Following the acquisition announcement, Wall Street's sentiment towards ServiceNow has turned positive, with analysts from Mizuho Securities and Barclays reiterating Buy ratings with price targets of $1,150 and $1,225, respectively [3][4] - Analyst Gregg Moskowitz highlighted Veza as an interesting asset due to its potential synergy with ServiceNow's existing risk and security business [4] Group 3: Company Overview - ServiceNow provides a platform that integrates workflows, data, and AI to coordinate operations across large organizations, headquartered in Santa Clara, California, and manages tens of billions of workflows annually [5]

分组1 - Major U.S. benchmarks finished lower, with the Dow Jones Industrial Average down 0.09% to 48,416.56, S&P 500 down 0.16% to 6,816.51, and Nasdaq down 0.59% to 23,057.41 [1] - Ford Motor Co's stock closed at $13.65, down 0.66%, with an after-hours rise of 1.1% to $13.80; the stock's 52-week range is $8.44 to $13.97 [1] - Ford announced the end of production for the current generation F-150 Lightning, shifting its electric vehicle strategy, with profitability expected by 2029 and improvements starting in 2026 [2] 分组2 - ServiceNow's shares dropped 11.56% to close at $765.20, with a potential acquisition of cybersecurity firm Armis valued at up to $7 billion [3] - ServiceNow was downgraded to Underweight by KeyBanc, with a price target of $775, citing AI-related pressures and slowing growth [4] 分组3 - Luminar Technologies' stock plummeted 60.82% to $0.35 after filing for voluntary Chapter 11 protection to pursue a court-supervised sale of its core businesses [5][6] - Luminar sold its Luminar Semiconductors subsidiary for $110 million, but this was insufficient to stabilize its balance sheet [7] 分组4 - AMC Robotics' stock surged 31.30% to close at $10.30 after completing its business combination with AMC Corporation, now trading under the ticker symbol "AMCI" [8][9] - iRobot's shares plunged 72.69% to $1.18 after filing for Chapter 11 bankruptcy protection and agreeing to be acquired by Shenzhen PICEA [10][11] - iRobot's revenue declined nearly 25% year over year in Q3 2025, with cash falling to $24.8 million by late September [12]

Core Viewpoint - ServiceNow has demonstrated strong organic growth, consistently achieving over 20% revenue growth annually for the past decade, positioning itself as a leader in the enterprise software sector [2][5]. Group 1: Company Growth and Acquisitions - ServiceNow announced the acquisition of Move Works, a pure play AI employee experience company, enhancing its capabilities in providing a unified platform for employee data and actions [3][4]. - The company emphasizes that it does not rely on acquisitions for growth, as it is already outpacing other SaaS companies in terms of growth rates [5][6]. - The integration of AI into ServiceNow's platform is expected to create significant economic value for customers, further driving growth [6][7]. Group 2: Market Position and Strategy - ServiceNow differentiates itself from competitors like Salesforce by focusing on organic growth rather than acquisitions to drive its business model [4][5]. - The company is not classified merely as a SaaS company but as a platform company, which broadens its market appeal and operational scope [5]. - The upcoming stock split (5-for-1) reflects the company's confidence in its growth trajectory and market position [7].

Group 1: Tesla - Tesla's stock rose by 3.56%, reaching a nearly one-year high with a trading volume of $54.109 billion [1][7] - The company is piloting a Robotaxi service in Austin without a safety driver, confirming the shift towards autonomous driving [1][8] - Wedbush predicts Tesla's market value will reach $3 trillion by the end of 2026, with Full Self-Driving (FSD) penetration potentially exceeding 50% [1][8] - Analyst Dan Ives states that Tesla is advancing towards an "AI revolution," with autonomous driving and robotics as core focus areas by 2026 [1][8] Group 2: Nvidia - Nvidia's stock increased by 0.73%, with a trading volume of $28.936 billion [1][10] - The company announced the launch of its new flagship open-source model series, Nemotron 3, which boasts improvements in speed, cost-effectiveness, and intelligence [1][10] Group 3: Broadcom - Broadcom's stock fell by 5.59%, with a trading volume of $22.525 billion, marking a three-day cumulative decline of 17.7% [2][9] - CICC maintains an "outperform" rating for Broadcom, with a target price of $475, citing strong AI ASIC revenue and a backlog of $73 billion [2][9] - The firm has raised its earnings forecast for FY26/FY27 due to increased visibility in revenue from AI computing and networking [2][9] Group 4: Amazon and Meta Platforms - Amazon's stock declined by 1.61%, with a trading volume of $10.253 billion, marking three consecutive days of decline [3][10] - Meta Platforms' stock rose by 0.59%, with a trading volume of $9.842 billion; the company is offering up to $100 million in signing bonuses for engineers and $250 million for top AI researchers [3][10] Group 5: Oracle - Oracle's stock decreased by 2.66%, with a trading volume of $8.047 billion; the company is facing scrutiny over its aggressive AI investment strategy [3][10] - Analysts expect Oracle's bonds to remain under pressure as the company recorded its largest stock drop in nearly 11 months [3][10] Group 6: Eli Lilly - Eli Lilly's stock rose by 3.38%, with a trading volume of $4.902 billion; the approval process for its experimental oral weight-loss drug, orforglipron, is expected to accelerate [4][11] - The potential approval date may be moved up to March 2026 from mid-May 2026, enhancing Eli Lilly's competitive position in the growing weight-loss market [4][11] Group 7: ServiceNow - ServiceNow's stock fell by 11.54%, with a trading volume of $4.555 billion; the company is in advanced talks to acquire cybersecurity startup Armis for up to $7 billion [4][11] - The deal, if completed, would be ServiceNow's largest acquisition to date, although there are risks of negotiation breakdowns or competing bids [4][11] Group 8: Strategy - Strategy's stock dropped by 8.14%, with a trading volume of $4.089 billion, following a decline in Bitcoin prices [4][12] - The CEO confirmed that the company's Bitcoin accumulation strategy is ongoing and will continue through the end of 2025 [4][12]