BMO Capital Markets Lowers ServiceNow (NYSE:NOW) Price Target to $175.00

Market Beat
2026.01.21 13:50
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BMO Capital Markets has lowered its price target for ServiceNow (NYSE:NOW) from $230.00 to $175.00 while maintaining an "outperform" rating. This adjustment indicates a potential upside of 39.64% from the stock's previous close. Other analysts have also revised their ratings, with Zacks downgrading it to "hold" and Stifel Nicolaus setting a new target of $200.00. Currently, ServiceNow has a consensus rating of "Moderate Buy" with an average target price of $213.97. Insiders have sold shares recently, and institutional investors hold 87.18% of the stock.