Morgan Stanley Maintains Overweight on Snowflake, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss has maintained an Overweight rating on Snowflake (NYSE:SNOW) and increased the price target from $215 to $230.
November 30, 2023 | 11:59 am
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Morgan Stanley analyst Keith Weiss reaffirmed an Overweight rating on Snowflake and raised the price target to $230, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Keith Weiss from Morgan Stanley typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential short-term rise in the stock price.
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IMPORTANCE 85
RELEVANCE 100