🔴 ServiceNow is trading 4.82% down today after Goldman Sachs price-target cut and software sell-off

ServiceNow is trading at $105.01 (-4.82%) following a Goldman Sachs price-target cut and broader selling pressure across the software sector.

• Goldman Sachs lowered its price target for the stock to $145 from $163.
• Investors are continuing to pressure high-valuation SaaS and AI names amid a wider industry rotation.
• The stock showed significant pre-market weakness, falling 4.3% prior to the regular session open.