Truist Securities Maintains Buy on Snowflake, Raises Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Joel Fishbein has maintained a Buy rating on Snowflake (NYSE:SNOW) and increased the price target from $200 to $210.
November 30, 2023 | 7:21 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Truist Securities analyst Joel Fishbein has reiterated a Buy rating on Snowflake and raised the price target from $200 to $210, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a bullish view on Snowflake's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term, as market participants often react positively to analyst upgrades.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100