Bernstein raises ServiceNow price target to $266, highest on the Street, citing AI

Bernstein raised its price target on ServiceNow to $266, the highest on the Street, implying a 72% rally, and reaffirmed it ahead of Q3 results. The firm cited AI adoption, with about half of renewals adopting AI-native SKUs and over 80% of recent contracts including AI.

Detected & updated continuously · Source: Nebula