ServiceNow upgraded to Outperform from Neutral at RW Baird Baird upgraded ServiceNow following better than expected Q4 results citing strong billings growth and the decision to carve out the Platform business. Price target raised to $70 from $55.
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ServiceNow should be bought after pullback, says Pacific Crest Pacific Crest expects ServiceNow to benefit from its launch of new products and the monetization of its platform. The firm thinks the company could report higher than expected 2015 revenue and it keeps an Outperform rating on the shares.