Stifel Maintains Buy on Snowflake, Raises Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback has maintained a Buy rating on Snowflake (NYSE:SNOW) and increased the price target from $200 to $235.
November 30, 2023 | 8:08 pm
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POSITIVE IMPACT
Stifel analyst Brad Reback reaffirms a Buy rating on Snowflake and raises the price target to $235, indicating a positive outlook on the stock.
The increase in price target by Stifel suggests a strong conviction in Snowflake's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100