Stifel Maintains Buy on Snowflake, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback maintains a Buy rating on Snowflake (NYSE:SNOW) but lowers the price target from $185 to $180.
May 25, 2023 | 1:54 pm
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Stifel analyst Brad Reback maintains a Buy rating on Snowflake but lowers the price target from $185 to $180.
The news of Stifel maintaining a Buy rating on Snowflake is positive for the stock, but the lowering of the price target from $185 to $180 may create some uncertainty among investors. This mixed sentiment could result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100