Wells Fargo Maintains Overweight on Snowflake, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin maintains an Overweight rating on Snowflake (NYSE:SNOW) and raises the price target from $170 to $200.
May 23, 2023 | 11:35 am
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POSITIVE IMPACT
Wells Fargo maintains an Overweight rating on Snowflake and raises the price target from $170 to $200.
The news of Wells Fargo maintaining an Overweight rating on Snowflake and raising the price target from $170 to $200 is positive for the company. This indicates that the analyst believes the stock will outperform the market in the short term. As a result, this news is likely to have a positive impact on Snowflake's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100