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Dock Street Asset Management Inc. Boosts Stock Position in ServiceNow, Inc. $NOW
Dock Street Asset Management Inc. significantly increased its stake in ServiceNow, Inc. (NYSE:NOW) by 420.1% in Q4, making it their tenth-largest position. Despite this institutional confidence and strong quarterly earnings, ServiceNow’s stock is trading near its 52-week low due to mixed market sentiment, influenced by both positive AI positioning and short-term cycle concerns. Analysts maintain a “Moderate Buy” rating with a consensus target price of $191.52, while insider selling activity has been noted.