Two Tech Stocks Analysts Love: ServiceNow and CSG Systems
Santa Clara, USASat Oct 12 2024
Are you interested in the tech world? Two analysts have just shared their positive views on two companies: ServiceNow and CSG Systems International. ServiceNow is a cloud-based platform that helps businesses manage their workflows. Matthew Hedberg from RBC Capital thinks it's a great buy, setting a target price of $985. 00. ServiceNow's stock is already near its high point, trading at around $938. 59. Hedberg has a good track record, with an average return of 16. 1% and a success rate of 63. 0%. Other analysts also like ServiceNow, with an average price target of $905. 28.
Now, let's talk about CSG Systems International. Dan Bergstrom from RBC Capital also has good things to say about this company. He maintains a Buy rating and sets a price target of $52. 00. CSG Systems International closed at $48. 35 on Friday. Bergstrom has an average return of 12. 4% and a success rate of 55. 6%. Like ServiceNow, CSG Systems International has a Strong Buy analyst consensus rating, with an average price target of $64. 29.
https://localnews.ai/article/two-tech-stocks-analysts-love-servicenow-and-csg-systems-909c3dde
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questions
What if this is all a ploy to distract from some hidden scandal in the tech sector?
How does the current market volatility impact the analysts' bullish sentiments on ServiceNow?
Can we get a 'Buy' rating on the analysts' confidence in their own ratings?
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