This Is What Whales Are Betting On Snowflake
Portfolio Pulse from Benzinga Insights
A significant number of investors have taken a bullish stance on Snowflake (NYSE:SNOW), with 53% of investors opening trades with bullish expectations and 46% with bearish. Whales have been targeting a price range from $150.0 to $170.0 for Snowflake over the last 3 months. The price of SNOW is currently down -1.5% at $159.98. Several experts have maintained or downgraded their ratings on Snowflake, with price targets ranging from $170 to $200.
September 18, 2023 | 3:15 pm
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NEUTRAL IMPACT
Snowflake has seen a mix of bullish and bearish trades, with a majority leaning bullish. The current price is down, but expert ratings and price targets suggest potential for growth.
The news indicates a mix of bullish and bearish trades for Snowflake, with a slight majority leaning bullish. This suggests investor confidence in the company's potential. However, the current price is down, indicating some market uncertainty. Expert ratings and price targets vary, but several suggest potential for growth, which could positively impact the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100