Check Out What Whales Are Doing With SNOW
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Snowflake (NYSE:SNOW) by a large investor or institution, as indicated by a large position in the company's options. The sentiment among these big-money traders is split, with 55% bullish and 44% bearish. The price target for Snowflake, based on the volume and open interest of these contracts, ranges from $120 to $250. Several financial institutions, including Goldman Sachs, JMP Securities, Mizuho, Needham, and Barclays, have maintained their positive ratings on Snowflake.
July 10, 2023 | 7:06 pm
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A large investor has taken a bullish stance on Snowflake, with a price target ranging from $120 to $250. Several financial institutions have maintained their positive ratings on the company.
The news of a large investor taking a bullish stance on Snowflake, along with the maintained positive ratings from several financial institutions, indicates a potential positive short-term impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100