Why ServiceNow Stock Was Sliding Today
Shares of ServiceNow (NYSE: NOW) were sliding today in response to news that a partner firm, Carahsoft Technology, was raided by the FBI yesterday in Virginia.
While the raid on the IT distributor doesn't directly implicate ServiceNow, analysts seem to fear that the investigation could put a dent in ServiceNow's business.
As of 11:11 a.m. ET, the stock was down 2.9%.
Source Fool.com
ServiceNow Inc. Stock
€131.38
0.410%
Currently there is a rather positive sentiment for ServiceNow Inc. with 88 Buy predictions and 6 Sell predictions.
Based on the current price of 131.38 € the target price of 975 € shows a potential of 642.12% for ServiceNow Inc. which would more than double the current price.
