ServiceNow stock jumps 3.5% — analysts trim targets ahead of Jan. 28 earnings
ServiceNow shares closed up 3.54% at $133.11 Friday, holding steady after hours. Cantor Fitzgerald cut its price target to $200, citing sector-wide multiple compression and concerns over acquisitions. The company reports earnings Jan. 28, the same day as a key Fed policy update. Investors expect volatility in tech stocks next week.