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News Breaks
April 15, 2014
07:05 EDTNOWServiceNow remains favorite high growth name at Citigroup
Citigroup says ServiceNow (NOW) remains its favorite high growth stock following the 30% pullback in shares. Citi believes the company can continue gaining market share versus BMC and it keeps a Buy rating on the name with a $70 price target.
News For NOW From The Last 14 Days
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July 30, 2015
07:27 EDTNOWServiceNow price target raised to $96 from $90 at Brean Capital
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July 29, 2015
16:32 EDTNOWServiceNow sees 2015 revenue $985M-$1B, consensus $990M
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16:31 EDTNOWServiceNow sees Q3 revenue $252M-$257M, consenus $256.45M
Sees Q3 Billings between $280M-$285M, representing year-over-year growth between 35%-37%, and between 42%-45% in constant currency.
16:30 EDTNOWServiceNow reports Q2 EPS 5c, consensus (2c)
Reports Q2 revenue $246.7M, consensus $241M. Added 21 net new Global 2000 customers, bringing the total to 566. Calculated billings were $281.4M, increasing 50% year-over-year and 62% in constant currency.
15:59 EDTNOWNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Facebook (FB), consensus 47c... MetLife (MET), consensus $1.48... Williams (WMB), consensus 24c... Vertex (VRTX), consensus (58c)... O'Reilly Automotive (ORLY), consensus $2.26... NXP Semiconductors (NXPI), consensus $1.37... Marriott (MAR), consensus 81c... Fiserv (FISV), consensus 94c... Western Digital (WDC), consensus $1.45... SBA Communications (SBAC), consensus 9c... Whole Foods (WFM), consensus 45c... Lincoln National (LNC), consensus $1.53... Lam Research (LRCX), consensus $1.47... ServiceNow (NOW), consensus (2c)... Qorvo (QRVO), consensus $1.06... Hologic (HOLX), consensus 39c.
15:08 EDTNOWNotable companies reporting after market close
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July 26, 2015
14:44 EDTNOWAmazon cloud sales signal risk for traditional data storage, Barron's says
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July 21, 2015
08:19 EDTNOWIndustry talks point to larger deals for ServiceNow, says Stephens
Stephens said its recent talks with industry partners suggest ServiceNow is seeing increasing deal sizes and better uptake outside of IT. The firm believes low penetration and weak competition give ServiceNow an opportunity for strong growth and reiterates its Overweight rating and $90 target while continuing to recommend pullbacks in the stock be used as buying opportunities.

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