UBS raised its price target after discussing demand trends with ServiceNow partners.

The entities involved

• UBS →

  Swiss multinational investment bank and financial services company

  • Stephen Wu is an economist at UBS, and Lambert has been appointed CEO of the Australian Restaurant & Cafe Association.09:39
  • UBS upgraded CVS Health stock to a Buy rating, noting that CVS operates through its Aetna subsidiary.08:16
• ServiceNow →

  American technology company

  • Diana David has been appointed as the director of futures at ServiceNow.Mon 22:46
  • AI disruption fears are affecting the software complex, leading to slowing unit growth for products like TurboTax, while companies like Intuit, ServiceNow, and Adobe face market pressures.Mon 15:34

Related events

• UBS raised its price target for Micron Technology.Jun 7
• UBS analysts focused on Costco's membership growth while Bank of America trimmed its price target due to a cautious view.Sep 23
• UBS reiterated a Neutral rating for Intuit while Intuit examined TurboTax customer growth.Sep 24
• UBS and Barclays shared common views on current market trends on August 30, 2026.Aug 30
• Multiple major banks, including Citigroup, UBS, Bank of America, and Barclays, have issued updated price targets and ratings.Oct 6