Check Out What Whales Are Doing With SNOW
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Snowflake (NYSE:SNOW), with 54% of detected trades having bearish expectations. Whales have been targeting a price range of $172.5 to $200 for Snowflake over the last 3 months. Analysts have mixed price targets, ranging from $148 to $215.
June 05, 2023 | 3:32 pm
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NEUTRAL IMPACT
Whale investor takes a bearish stance on Snowflake, with 54% of detected trades being bearish. Analysts have mixed price targets, ranging from $148 to $215.
The whale investor's bearish stance on Snowflake may create short-term downward pressure on the stock price. However, the mixed analyst price targets indicate uncertainty in the market, making it difficult to predict the short-term price direction with high confidence.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100