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ServiceNow, Chewy, Block: 3 stocks in focus

Morning Brief anchors Brad Smith and Madison Mills examine today's top Wall Street analyst calls. RBC Capital has increased its price target on ServiceNow (NOW) to $1,210 per share from $1,045. The firm highlights ServiceNow's potential to monetize generative AI demand through its Pro Plus offering, launched in 2023. Wolfe Research has upgraded pet retailer Chewy (CHWY) to Outperform, pointing to multiple growth drivers: improving customer acquisition, increased net sales, new product initiatives, and planned international expansion. Additionally, Raymond James has raised its rating on Block (SQ) to Outperform with a price target of $115, expressing confidence in the company's growth prospects for 2025. To watch more expert insights and analysis on the latest market action, check out more Morning BriefΒ here. This post was written by Angel Smith

Block (SQ) Stock Climbs on Bank’s Upgrade

Block (NYSE:SQ) stock is advancing 5% after investment bank Raymond James upgraded its rating on the shares to Outperform from Market Perform in a note to investors earlier today. Block is a leading player in the fintech space. Key Metric Expected to Rebound After researching Block’s business, Raymond James expects the growth of the company’s […]
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