Piper Sandler Maintains Overweight on Snowflake, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has maintained an Overweight rating on Snowflake (NYSE:SNOW) and increased the price target from $195 to $220, indicating a positive outlook on the company's stock.
November 30, 2023 | 9:29 am
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Piper Sandler's analyst Brent Bracelin has reaffirmed an Overweight rating on Snowflake and raised the price target to $220, suggesting confidence in the company's future performance.
The increase in price target by Piper Sandler is a strong positive signal to investors, often leading to a bullish sentiment in the short term. The Overweight rating reaffirms the analyst's belief in the company's potential for outperformance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100