** Brokerage BMO Capital Markets cuts PT on digital workflow company ServiceNow NOW.N to $990 from $1,185, rating remains unchanged at "outperform"
** Shares of NOW fall 4.3% to $739.08
** Brokerage flags uncertainties for co surrounding lesser contracts from the U.S. federal government as well as broader risks to global GDP growth from tariffs
** Brokerage believes along with IBM IBM.N and Accenture ACN.N, NOW has high exposure to the U.S. Federal government, which accounts for around 10% of its Annual Contract Value and subscription revenues
** Brokerage says co's Fed business has slowed down in early 2025, which could impact company's subscription revenue growth
** Forty one out of 47 brokerages rate the stock "buy" or higher, 5 rate "hold", 1 rate "strong sell"; their median PT is $1,145 as per data compiled by LSEG
** Including session's move, NOW stock down 30.3% YTD
(Reporting by Padmanabhan Ananthan)
((Padmanabhan.Ananthan@thomsonreuters.com))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。