---
title: "BUZZ-ServiceNow dips; TD Cowen cuts PT on acquisition concerns"
description: "Software provider ServiceNow’sshares fall 1.4% to $152.20 TD Cowen cuts PT to $230 from $250, still an upside of 49% to stock’s last close Brokerage concerned about “NOW moving away from just tuck-ins"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/270738086.md"
published_at: "2025-12-24T15:09:29.000Z"
---

# BUZZ-ServiceNow dips; TD Cowen cuts PT on acquisition concerns

> Software provider ServiceNow’sshares fall 1.4% to $152.20 TD Cowen cuts PT to $230 from $250, still an upside of 49% to stock’s last close Brokerage concerned about “NOW moving away from just tuck-ins to large M&A w/ beefy valuations, which questions health of organic growth & new integration risks” On Tuesday, NOW agreed to buy cybersecurity startup Armis for $7.75 bln Avg rating of 47 analysts is “buy;” their median PT is $230 - data compiled by LSEGUp to last close, stock has fallen 27.2% this year

Software provider ServiceNow’s (NOW.N) shares fall 1.4% to $152.20 TD Cowen cuts PT to $230 from $250, still an upside of 49% to stock’s last close Brokerage concerned about “NOW moving away from just tuck-ins to large M&A w/ beefy valuations, which questions health of organic growth & new integration risks” On Tuesday, NOW agreed to buy cybersecurity startup Armis for $7.75 bln Avg rating of 47 analysts is “buy;” their median PT is $230 - data compiled by LSEG

Up to last close, stock has fallen 27.2% this year

### Related Stocks

- [NOW.US - ServiceNow](https://longbridge.com/en/quote/NOW.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.