JMP Securities Maintains Market Outperform on Snowflake, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Joe Goodwin maintains a Market Outperform rating on Snowflake (NYSE:SNOW) but lowers the price target from $215 to $200.

May 25, 2023 | 10:38 am
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JMP Securities maintains a Market Outperform rating on Snowflake (NYSE:SNOW) but lowers the price target from $215 to $200.
The news of JMP Securities maintaining a Market Outperform rating on Snowflake is positive, indicating that the analyst still believes the stock will outperform the market. However, the lowering of the price target from $215 to $200 may create some uncertainty among investors, potentially leading to short-term neutral impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100