Wells Fargo Maintains Overweight on Snowflake, Raises Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin has maintained an Overweight rating on Snowflake (NYSE:SNOW) and increased the price target from $190 to $210.
November 30, 2023 | 2:26 pm
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Wells Fargo analyst Michael Turrin reaffirmed an Overweight rating on Snowflake and raised the price target to $210, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Michael Turrin from Wells Fargo is a strong positive signal to the market, suggesting a belief in the company's potential for growth or continued strong performance. This can often lead to increased investor confidence and a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100