ServiceNow stock presents a potential value play for conservatives as Benchmark initiates with a Buy and a $125 target, citing accelerating AI monetization and strong cash generation despite near-term selling pressure.

ServiceNow Stock Near 50% Decline Value Buy For Conservatives
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ServiceNow Stock Near 50% Decline Value Buy For Conservatives

Benchmark launched coverage of ServiceNow with a Buy and a $125 target, arguing the shares are pricing in a disconnect between short-term selling pressure and the company’s long-term enterprise strength. The firm points to accelerating AI monetization and strong cash generation as the reasons to consider adding exposure at current levels. ServiceNow shares have pulled...