Barclays Maintains Overweight on Snowflake, Lowers Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow has maintained an Overweight rating on Snowflake (NYSE:SNOW) but lowered the price target from $203 to $190.
August 18, 2023 | 10:34 am
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Barclays has maintained an Overweight rating on Snowflake but lowered the price target from $203 to $190.
The lowering of the price target by Barclays could potentially lead to a decrease in Snowflake's stock price in the short term. However, the maintained Overweight rating indicates that Barclays still sees potential in the company's stock.
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