Is ServiceNow Stock Going to $1,100? 1 Wall Street Analyst Thinks So.

The stock already looks expensive, but Jefferies sees 20% more upside. ServiceNow (NOW 0.51%) stock has marched to new highs this year, and Wall Street analysts are generally bullish on the stock's prospects. Samad Samana has a "buy" rating on ServiceNow, and the Jefferies analyst recently raised their price target from $900 to $1,100, implying near-term upside of 20% for the stock. ServiceNow's software has been in high demand as businesses look for ways to improve employee productivity. However, the stock ...