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Brown Shipley& Co Ltd Increases Stock Position in ServiceNow, Inc. $NOW
Brown Shipley & Co Ltd significantly increased its stake in ServiceNow, Inc. (NYSE:NOW) by 388% in the fourth quarter, bringing its total holdings to 40,214 shares valued at $6.16 million. ServiceNow constitutes 3.3% of the firm’s portfolio and is its 12th largest holding. Despite some analysts lowering price targets, the company maintains a “Moderate Buy” consensus rating and recently reported Q4 revenues up 20.7% year-over-year, beating estimates.