Loop Capital Maintains Buy on Snowflake, Lowers Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Mark Schappel maintains a Buy rating on Snowflake (NYSE:SNOW) but lowers the price target from $200 to $195.
May 25, 2023 | 12:22 pm
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Loop Capital maintains Buy rating on Snowflake (NYSE:SNOW) but lowers the price target from $200 to $195.
The news of Loop Capital maintaining a Buy rating on Snowflake indicates a positive outlook for the company. However, the lowering of the price target from $200 to $195 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100