Check Out What Whales Are Doing With SNOW
Portfolio Pulse from Benzinga Insights
A significant number of investors have taken a bearish stance on Snowflake (NYSE:SNOW), with 58% of detected trades being bearish. The price target for Snowflake over the last 3 months has been between $160.0 to $260.0. The current price of SNOW is down -5.28% at $167.26. Several experts have upgraded their ratings on Snowflake, with price targets ranging from $173 to $220.
August 04, 2023 | 11:36 am
News sentiment analysis
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NEGATIVE IMPACT
Snowflake (NYSE:SNOW) has seen a bearish stance from investors, with a price target between $160.0 to $260.0. The stock price is currently down -5.28% at $167.26. Several experts have upgraded their ratings on Snowflake.
The bearish stance from investors and the current decrease in stock price indicate a potential short-term negative impact on Snowflake's stock. However, the upgraded ratings from experts could potentially offset this negative impact in the long term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100