Baozun Inc. (BZUN) Forms $34.49 Double Top; Servicenow Has 1.38 Sentiment

February 14, 2018 - By Annabelle Johnson

Baozun Inc. (BZUN) formed double top with $36.56 target or 6.00% above today’s $34.49 share price. Baozun Inc. (BZUN) has $1.89 billion valuation. The stock decreased 0.29% or $0.1 during the last trading session, reaching $34.49. About 841,065 shares traded. Baozun Inc. (NASDAQ:BZUN) has risen 289.41% since February 14, 2017 and is uptrending. It has outperformed by 272.71% the S&P500.

ServiceNow, Inc. provides enterprise cloud computing solutions that define, structure, manage, and automate services for enterprises worldwide. The company has market cap of $25.48 billion. The firm offers service management solutions for customer support, human resources, security operations, and other enterprise departments. It currently has negative earnings. It operates ServiceNow platform that provides workflow, configuration management database, service catalog, service portal, knowledge management, reporting and analytics, data benchmarking, visual task boards, built-in and optional encryption capabilities, and collaboration and developer tools.

Among 3 analysts covering Baozun (NASDAQ:BZUN), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Baozun has $44 highest and $36 lowest target. $44’s average target is 27.57% above currents $34.49 stock price. Baozun had 6 analyst reports since August 28, 2015 according to SRatingsIntel. Bank of America maintained Baozun Inc. (NASDAQ:BZUN) on Friday, July 21 with “Buy” rating. Bank of America maintained the shares of BZUN in report on Tuesday, January 30 with “Buy” rating. Bank of America maintained the stock with “Buy” rating in Monday, September 11 report. The rating was downgraded by Zacks to “Hold” on Friday, August 28. As per Thursday, September 17, the company rating was downgraded by Zacks. The company was downgraded on Wednesday, August 23 by Deutsche Bank.

Since January 1, 0001, it had 0 buys, and 7 sales for $90.88 million activity.

Dragoneer Investment Group Llc holds 9.6% of its portfolio in ServiceNow, Inc. for 497,977 shares. Scge Management L.P. owns 350,000 shares or 8.56% of their US portfolio. Moreover, Shearlink Capital Llc has 6.82% invested in the company for 145,690 shares. The California-based Criterion Capital Management Llc has invested 6.75% in the stock. Crestwood Capital Management L.P., a New York-based fund reported 96,390 shares.

Ratings analysis reveals 43% of ServiceNow’s analysts are positive. Out of 7 Wall Street analysts rating ServiceNow, 3 give it “Buy”, 0 “Sell” rating, while 4 recommend “Hold”. The lowest target is $85.0 while the high is $95.0. The stock’s average target of $90 is -39.00% below today’s ($147.55) share price. NOW was included in 7 notes of analysts from September 15, 2016. The firm earned “Buy” rating on Thursday, October 27 by Mizuho. The stock of ServiceNow, Inc. (NYSE:NOW) earned “Neutral” rating by Piper Jaffray on Friday, December 2. The stock has “Market Perform” rating by Wells Fargo on Wednesday, January 11. The rating was maintained by Wunderlich on Thursday, October 27 with “Buy”. The stock of ServiceNow, Inc. (NYSE:NOW) earned “Market Perform” rating by BMO Capital Markets on Tuesday, September 20. The firm earned “Buy” rating on Thursday, September 15 by Guggenheim. The rating was initiated by Stifel Nicolaus with “Hold” on Wednesday, April 12.