By: Benzinga
UPDATE: JG Capital Upgrades ServiceNow to Overweight on Billings, Market Share Momentum
JG Capital upgraded ServiceNow (NYSE: NOW ) from Neutral to Overweight and announced a $38.00 price target. JG Capital noted, "ServiceNow (NOW) reported a strong Q4 and guided in-line with our estimates for Q1E. Mgmt guided for subscription GMs to increase to 73.5% in Q1E, reflecting increased utilization of their
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