Snowflake shares are trading higher after DA Davidson initiated coverage on the stock with a Buy rating and $200 price target.
Portfolio Pulse from Benzinga Newsdesk
Snowflake shares are trading higher after the company initiated coverage on the stock with a Buy rating and a $200 price target.
September 08, 2023 | 12:23 pm
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Snowflake's stock is trading higher following the company's initiation of coverage with a Buy rating and a $200 price target.
The initiation of coverage on Snowflake's stock with a Buy rating and a $200 price target has led to an increase in the stock's trading price. This positive analyst rating indicates a bullish outlook for the company, which is likely to attract more investors and further drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100