ServiceNow is “uniquely” positioned for AI agents – BofA rates at $130 (Buy)!
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ServiceNow (NOW) is currently benefiting from a capital rotation into selected mega-cap software stocks. The stock is trading 5% higher in pre-market and could generate a new buy signal with the breakout from the downward trend. This development is supported by a price target increase from BofA analysts to $130 (Buy) on May 18. The experts emphasize that ServiceNow is not being displaced by the emergence of "Agentic AI," but is uniquely positioned due to its deep integration into corporate processes to benefit from the deployment of autonomous...
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