TD Cowen Maintains Outperform on Snowflake, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst J. Derrick Wood has maintained an Outperform rating on Snowflake (NYSE:SNOW) and increased the price target from $215 to $230.
December 11, 2023 | 2:14 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
TD Cowen analyst J. Derrick Wood reaffirmed an Outperform 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 typically signals a positive sentiment towards the company's future performance and can lead to a short-term increase in stock price as investors react to the news.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100