ServiceNow is trading at MXN 2,715, up 4.54%, as analysts raise price targets ahead of its October 28 results.

  • TD Cowen lifted its target to $165 from $140, while Mizuho raised its target to $170 from $140.
  • ServiceNow announced AI Passport and expanded AI-governance capabilities, adding product-related optimism.
  • Broader software weakness is a countervailing backdrop, not the apparent explanation for the gain.