Piper Sandler Lowers PT on ServiceNow (NOW) Stock

1 week ago 6

Bob Karr

Sun, January 11, 2026 astatine 12:59 PM CST 1 min read

ServiceNow, Inc. (NYSE:NOW) is 1 of the Oversold Fundamentally Strong Stocks to Buy Right Now. On January 5, Piper Sandler expert Rob Owens reduced the firm’s price nonsubjective connected the company’s banal to $200 from $230, portion keeping an “Overweight” rating. As per the firm, 2025 was a hard twelvemonth for Security & Infrastructure Software coverage. Notably, the steadfast remains cautiously optimistic for a amended twelvemonth successful 2026, and it believes that respective names are entering the twelvemonth astatine absorbing valuation levels.

Piper Sandler Lowers PT connected ServiceNow (NOW) Stock

In a antithetic update, connected December 24, Citi maintained a “Buy” standing connected ServiceNow, Inc. (NYSE:NOW)’s banal with a terms nonsubjective of $250.60. As per the analyst, the steadfast likes the concern logic of the company’s acquisition of Armis. The expert believes that the woody adds predictive information features to ServiceNow, Inc. (NYSE:NOW)’s AI Control Tower offering. However, Citi added that the woody is not transformative, contempt this woody being the company’s largest ever.

ServiceNow, Inc. (NYSE:NOW) offers a cloud-based solution for integer workflows.

While we admit the imaginable of NOW arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.