Workflow
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Stifel Reduces Price Target For ServiceNow, Inc. (NOW)
Yahoo Financeยท 2025-12-28 16:45
Group 1 - Stifel has reduced its price target for ServiceNow, Inc. from $1,150 to $230 following a 5-for-1 stock split that took effect on December 19, 2025, while maintaining a Buy rating on the shares [1] - ServiceNow, Inc. is reportedly in advanced talks to acquire cybersecurity company Armis for up to $7 billion, with an announcement expected soon, although negotiations may still face challenges [2] - Armis recently completed a $435 million fundraising round, valuing the company at $6.1 billion, and provides real-time protection for connected devices, serving over 40% of Fortune 100 firms [3] Group 2 - ServiceNow, Inc. offers software solutions for automating business processes through a SaaS delivery model, but there are opinions suggesting that certain AI stocks may present greater upside potential and lower downside risk [4]