product · May 21, 2026
Bank of America Issues Buy Rating and $130 Price Target on ServiceNow After Knowledge 2026 AI Announcements
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Bank of America analyst Tal Liani restarted coverage of ServiceNow with a Buy rating and $130 price target on May 18 2026 when the stock opened near $95. ServiceNow rolled out AI Control Tower and highlighted hybrid pricing models blending seat-based subscriptions with usage-based plans. The analyst noted ServiceNow acts as connective tissue across multiple enterprise systems and views AI agents as governors rather than replacements. ServiceNow stock rose approximately 8.4 percent that day while broader tech stocks declined.
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