Truist Securities Reiterates Buy on Snowflake, Maintains $200 Price Target
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Joel Fishbein has reiterated a 'Buy' rating on Snowflake (NYSE:SNOW) and maintained a price target of $200.
June 28, 2023 | 3:47 pm
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Truist Securities has reiterated a 'Buy' rating on Snowflake, maintaining a price target of $200.
The reiteration of a 'Buy' rating by Truist Securities indicates their continued confidence in Snowflake's performance. The maintained price target of $200 suggests they believe the stock is still undervalued. This could potentially lead to increased investor interest and a short-term rise in Snowflake's stock price.
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IMPORTANCE 80
RELEVANCE 100