Stifel Nicolaus repeats a purchase classification on Servicenow shares, PT keeps at $ 1,200

Servicenow, Inc. (NYSE:nowHe is one of 10 promising technology shares to invest in it. On August 25, Stifel Nicolaus repeated the purchase rating on Servicenow, Inc. (NYSE: Now), while maintaining the price goal at $ 1,200.

Brad Ripk from Stifel is now confirming the classification, as the company has published a constant growth in performance (CRPO) by 21.5 % during the 2015 fiscal year, as it reached 10.92 billion dollars. The company closed 89 transactions in excess of one million dollars in the New ACV net, with 11 transactions exceeding $ 5 million. Servicenow maintains focus on operational discipline and gets a strong momentum in artificial intelligence, with an increase in the number of AI Pro Plus’s main deal by more than 50 % in Q2 compared to Q1.

Reback is still optimistic about the company’s progress. Servicenow expects the subscription revenues will range between $ 3.26 billion and $ 3.265 billion in Q3 FY2025, indicating 20 % to 20.5 % on an annual basis. Over the full year 2025, the company raised the subscription revenues by 125 million dollars to 12.775 billion dollars to 12.795 billion dollars, which also reflects 20 % growth from last year.

Servicenow offers, Inc. (NYSE: NOW) Amnesty International Business Administration platform. The company’s AI platform connects people, operations, devices and data to enhance productivity and increase business results.

Although we acknowledge now as an investment, we believe that some artificial intelligence shares provide greater potential in the upward trend and carry less risks on the negative side. If you are looking for a stock of artificial intelligence with less than very apprecia The best inventory of artificial intelligence in the short term.

Read the following: 30 stocks must double in 3 years and 11 stocks of hidden artificial intelligence for purchase now.

Detection: Nothing. This article was originally published in A monkey from the inside.