ServiceNow stock downgraded by Guggenheim over valuation

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Guggenheim Securities News

Servicenow,Julie Hyman

ServiceNow (NOW) has received a downgrade from Guggenheim Securities. The firm has moved the stock to Neutral from Buy, citing concerns over its current...

) has received a downgrade from Guggenheim Securities . The firm has moved the stock to Neutral from Buy, citing concerns over its current valuation. Guggenheim's analysts believe ServiceNow's stock is currently inflated and has little upside potential for the year.Astera Labs has been receiving bullish coverage from Wall Street analysts since its initial public offering on March 20, 2024.

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Servicenow Julie Hyman

 

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