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Why ServiceNow Stock Slipped by Almost 4% Today

Yahoo! Finance
MoffettNathanson was the initiating party, with analyst Jackson Ader tagging ServiceNow stock with a hold recommendation at a $553 per-share price target. The reasons behind Ader's take weren't immediately apparent, but he's not the only prognosticator whose take on the company is rather guarded. Guggenheim's John DiFucci also pegged it with the equivalent of a hold recommendation (with a price target of $510 per share) when his company initiated coverage in mid-August.
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