Up 76%, ServiceNow Stock Is Too High
- Monday, August 24, 2020, 7:17
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After a 76% rally since March 23, ServiceNow’s stock seems to have reached its near term potential based on its historic Price to Sales (P/S) multiples. ServiceNow, a Platform-as-a-Service (PaaS) provider that helps its clients to automate IT Business Management, has seen its stock rally from $255..
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