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Truist Financial Sticks to Their Hold Rating for ServiceNow (NOW)
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Truist Financial Sticks to Their Hold Rating for ServiceNow (NOW)

Truist Financial analyst Joel Fishbein maintained a Hold rating on ServiceNow (NOWResearch Report) today. The company’s shares closed yesterday at $746.29.

Fishbein covers the Technology sector, focusing on stocks such as Zscaler, Gitlab, and Check Point. According to TipRanks, Fishbein has an average return of 16.8% and a 60.32% success rate on recommended stocks.

In addition to Truist Financial, ServiceNow also received a Hold from Guggenheim’s John Difucci in a report issued on April 14. However, today, Jefferies maintained a Buy rating on ServiceNow (NYSE: NOW).

The company has a one-year high of $815.32 and a one-year low of $427.68. Currently, ServiceNow has an average volume of 1.18M.

Based on the recent corporate insider activity of 203 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NOW in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

ServiceNow (NOW) Company Description:

Founded in 2004 and based in California, ServiceNow, Inc. is a software company which provides enterprise cloud computing solutions to help companies manage digital workflows for enterprise operations. The company offers its solutions to various sectors including healthcare, education, oil and gas, telecommunications, government, consumer products, technology, IT and financial services.

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