ServiceNow stock should see growth accelerate again in 2022, Goldman says

Bill McDermott, CEO of ServiceNow.

Adam Jeffery | CNBC

ServiceNow‘s recent struggles should prove temporary as the company will soon resume its growth to becoming a major player in enterprise software, according to Goldman Sachs.

The investment firm added the stock to its conviction buy list, with analyst Kash Rangan saying in a note to clients on Thursday that the pandemic delivered a temporary hit to ServiceNow’s customer base that should lift going forward.

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