Jim Cramer views ServiceNow (NOW) as a great company, despite its stock being down significantly over the past year. Goldman Sachs has added NOW to its US Conviction List with a $216 price target, citing potential for 20% year-over-year growth through 2029. Truist also maintains a Buy rating but cut its price target, acknowledging investor sentiment pressure and the potential for AI to benefit software stocks that traditionally used a seat-based model.
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ServiceNow (NOW) Is a Great Company, Says Jim Cramer
Jim Cramer views ServiceNow (NOW) as a great company, despite its stock being down significantly over the past year. Goldman Sachs has added NOW to its US Conviction List with a $216 price target, citing potential for 20% year-over-year growth through 2029. Truist also maintains a Buy rating but cut its price target, acknowledging investor sentiment pressure and the potential for AI to benefit software stocks that traditionally used a seat-based model.