Citigroup Maintains Buy on Snowflake, Lowers Price Target to $189
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Tyler Radke maintains a Buy rating on Snowflake (NYSE:SNOW) but lowers the price target from $202 to $189.
May 26, 2023 | 10:47 am
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Citigroup maintains a Buy rating on Snowflake (NYSE:SNOW) but lowers the price target from $202 to $189.
The news of Citigroup maintaining a Buy rating on Snowflake is positive for the stock, but the lowering of the price target from $202 to $189 may create some uncertainty among investors. This mixed sentiment is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100