ServiceNow jumps on raising subscription revenue forecast
** Shares of digital workflow company ServiceNow NOW.N rise 6.3% to $777 premarket
** Co raises full-year subscription rev forecast to $10.575 bln-$10.585 bln from $10.560 bln-$10.575 bln
** "Taking it all together, ServiceNow is clearly executing well, conversations around AI are leading to more strategic and larger engagements," - Canaccord Genuity
** "We continue to be impressed by ServiceNow's execution and are encouraged by the strategic vision to become the modern AI platform for business transformation," - JPM
** At least seven brokerages raise price targets on the stock
** Avg rating of 41 brokerages is a 'buy'; their median PT is $895 - LSEG data
** Up to last close, stock had risen ~3.5% YTD
Reporting by Zaheer Kachwala in Bengaluru
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