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Why ServiceNow Soared 12% Higher Last Month

TheMotleyFool 
0 0 10.08.26
Why ServiceNow Soared 12% Higher Last Month: https://g.foolcdn.com/editorial/images/882146/young-person-at-a-desk-using-a-pc-and-tablet-computer-simultaneously.jpg
 

Enterprise software company (NYSE: NOW) was a winner in July. This was mostly because it delivered a beat-and-raise second quarter during the month, although a general rebound in beaten-down software stocks also helped. All told, across all of July ServiceNow's share price rose by 12%.

ServiceNow's earnings report was impressive from the get-go. It began with the company's note that it beat its own guidance on several key metrics, including revenue growth and profitability.

Image source: Getty Images.

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Source Fool.com

ServiceNow Inc. Stock

€107.55
-2.540%
We can see a decrease in the price for ServiceNow Inc.. Compared to yesterday it has lost -€2.800 (-2.540%).
With 121 Buy predictions and 4 Sell predictions ServiceNow Inc. is one of the favorites of our community.
As a result the target price of 131 € shows a positive potential of 21.8% compared to the current price of 107.55 € for ServiceNow Inc..
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