Are Analysts Bearish ServiceNow Inc (NYSE:NOW) After Last Week?

Out of 25 analysts covering ServiceNow Inc (NYSE:NOW), 0 rate it “Buy”, 0 “Sell”, while 0 “Hold”. This means NaN are positive. ServiceNow Inc was the topic in 22 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Below is a list of ServiceNow Inc (NYSE:NOW) latest ratings and price target changes.

14/04/2016 Broker: Argus Research Rating: Buy New Target: $86.00 Initiate
01/04/2016 Broker: Piper Jaffray Rating: Overweight Reinitiate
23/02/2016 Broker: Pacific Crest Rating: Overweight Old Target: $92.00 New Target: $70.00 Target Down
22/02/2016 Broker: Deutsche Bank Rating: Buy Old Target: $90.00 New Target: $75.00 Target Down
18/02/2016 Broker: Citigroup Rating: Old Target: $88.00 New Target: $69.00 Target Down
18/02/2016 Broker: Wunderlich Rating: Buy New Target: $75.00 Initiate
28/01/2016 Broker: RBC Capital Markets Rating: Top Pick Old Target: $90 New Target: $85 Maintain
28/01/2016 Broker: Mizuho Old Rating: Buy New Rating: Neutral Old Target: $90 New Target: $65 Downgrade
26/01/2016 Broker: Piper Jaffray Rating: Neutral Old Target: $71.00 New Target: $75.00 Target Up
22/01/2016 Broker: Mizuho Rating: Buy Old Target: $100 New Target: $90 Maintain

The stock increased 0.43% or $0.27 on April 18, hitting $63.27. About 100 shares traded hands. ServiceNow Inc (NYSE:NOW) has declined 12.91% since September 10, 2015 and is downtrending. It has underperformed by 19.49% the S&P500.

ServiceNow, Inc. is a provider of cloud solutions that define, structure, manage and automate services across the global enterprise. The company has a market cap of $10.26 billion. The Firm provides cloud service management solutions that address the needs of a range of departments within an organization, including IT, human resources , facilities, field service, marketing, legal and finance. It currently has negative earnings. It also provides business management and IT activities management solutions that facilitate the delivery of services across the enterprise.

The institutional sentiment increased to 1.4 in 2015 Q4. Its up 0.32, from 1.08 in 2015Q3. The ratio increased, as 32 funds sold all ServiceNow Inc shares owned while 104 reduced positions. 49 funds bought stakes while 142 increased positions. They now own 150.36 million shares or 9.22% more from 137.66 million shares in 2015Q3.

Criterion Capital Management Llc holds 7.29% of its portfolio in ServiceNow Inc for 2.69 million shares. Avalon Global Asset Management Llc owns 78,500 shares or 5.65% of their US portfolio. Moreover, Magee Thomson Investment Partners Llc has 4.66% invested in the company for 195,500 shares. The Texas-based Hwg Holdings Lp has invested 3.76% in the stock. Bennett Lawrence Management L L C Ny, a New York-based fund reported 127,382 shares.

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