ServiceNow rises after Q2 profit beat
NOW•Shares rise in extended trade after quarterly beat
** ServiceNow's shares NOW.N rise 6.7% to $101.94 in extended trade
** Second-quarter subscription revenue of $3.88 billion and adjusted profit per share of 90 cents exceed LSEG-compiled analysts' average estimates of $3.82 billion and 85 cents, respectively
** 46 of 51 brokerages rate the stock "buy" or higher, three "hold" and two "sell"; their median PT is $140
** As of last close, ServiceNow down about 37% YTD
(Reporting by Prakhar Srivastava in Bengaluru)
