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Why ServiceNow Stock Bumped Higher on Monday


A wobbly stock at the end of last week, (NYSE: NOW) seemed to be finding a better balance at the beginning of this one. Investors cautiously bought shares of the stock on Monday, sending its price nearly 1% higher and notching a slight victory over the S 500 index's 0.5% rise. Inclusion on a "best of" list compiled by a top investment bank was a key factor in the rise.

That morning, Goldman Sachs added three names to its U.S. Conviction List, including ServiceNow (the other two joining it are delivery specialist DoorDash and energy company Golar LNG).

Image source: Getty Images.

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Source Fool.com

ServiceNow Inc. Stock

€70.78
-7.770%
ServiceNow Inc. took a tumble today and lost -€5.960 (-7.770%).
Our community is currently high on ServiceNow Inc. with 106 Buy predictions and 7 Sell predictions.
With a target price of 185 € there is potential for a 161.37% increase which would mean more than doubling the current price of 70.78 € for ServiceNow Inc..
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