Bank of America predicts that ServiceNow (NOW.US) will rise to $130: promising growth prospects expected to benefit from the AI wave.

It was learned from the Securities Times app that Bank of America has resumed coverage of ServiceNow (NOW.US) with a "buy" rating and a target price of $130. Analysts believe that although artificial intelligence (AI) is disrupting the software industry, ServiceNow is expected to be a beneficiary of the AI wave rather than being replaced.