ServiceNow (NOW) shares slide ahead of Monday's market close after Guggenheim analysts downgraded the software company's stock rating from Neutral to Sell. The analyst team is maintaining its price target of $640 per share on ServiceNow, while its stock price currently sits above $760. Market Domination Hosts Josh Lipton and Julie Hyman review the call. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
ServiceNow stock fell after analysts with Guggenheim labeled the stock a sell, citing risks to second half growth.
Among the best stocks to buy and watch right now, AI stock ServiceNow is near a new buy point after clearing a trendline entry.