Why Goldman Sachs Is Betting on ServiceNow, Inc. (NOW)’s Long-Term Growth
ServiceNow, Inc. (NYSE:NOW) is among the most promising growth stocks according to analysts. On January 12, Goldman Sachs assumed coverage on ServiceNow, Inc. (NYSE:NOW) with a ‘Buy’ rating and a price target of $205, which suggests an upside potential of about 44%. According to the firm, AI adoption will be a “positive tailwind” to the software total addressable market over the next ten years. That said, the analyst believes the company is poised to lead the agent orchestration market. Gabriela Borges, ...