Where Snowflake Stands With Analysts
Portfolio Pulse from Benzinga Insights
Snowflake (NYSE:SNOW) has received 11 analyst ratings in the last quarter, with an average 12-month price target of $205.18, a slight decrease from the previous target of $207.75. The ratings include 5 bullish, 5 somewhat bullish, and 1 indifferent, with no bearish sentiments. Analysts provide these ratings based on financial analysis and company performance, and they are updated typically once a quarter.
November 30, 2023 | 12:00 pm
News sentiment analysis
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NEUTRAL IMPACT
Snowflake has a majority of bullish and somewhat bullish ratings from analysts, with an average 12-month price target of $205.18, indicating a slight negative revision from the previous $207.75 target.
The slight decrease in the average price target for Snowflake suggests a minor adjustment in market expectations, which may not significantly impact the stock price in the short term. The overall positive sentiment with no bearish ratings could maintain investor confidence, but the change in target is minimal, suggesting a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100