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ServiceNow Shares Rise After Topping Quarterly Expectations

ServiceNow shares were up nearly 15% on Thursday after topping analysts' quarterly expectations
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ServiceNow (NOW) - Get Report shares were up sharply Thursday after several analysts increased their price target on the company following its latest quarterly earnings beat. The price target of the provider of software for information technology service management was raised to $100 from $80 by analysts at Pacific Crest and to $100 from $90 by analysts at Piper Jaffray. Meanwhile, BMO Capital raised its price target to $97 from $85 and Citigroup raised its price target to $95 from $87.

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