ServiceNow: Victorious Q3, But Better Entry Points Ahead (Rating Downgrade)

Since I last covered ServiceNow (NYSE: NOW ) and allocated a Buy rating, the stock has increased by over 25% in price. I cautioned on its premium valuation at the time, but this was not too concerning to me, given the excellent management, strong market positioningOliver Rodzianko is an investment analyst specializing in the technology sector, with a focus on artificial intelligence, semiconductors, software, and renewable energy. He has earned a strong reputation on Seeking Alpha, where he is frequently fe ...