The November jobs report revealed a strong addition of 227,000 jobs, surpassing expectations, while the unemployment rate rose to 4.2%. Following the report, stock futures showed slight gains, with a 90% likelihood of a quarter-point rate cut by the Federal Reserve on December 18.In the enterprise software sector, Barclays raised its price target for ServiceNow to $1,200, reflecting growing investor enthusiasm. Hewlett Packard Enterprise also performed well, particularly in AI product orders, prompting Citigroup to upgrade its stock to buy with a $26 target, while Barclays increased its target to $27.
