Needham Maintains Buy on Snowflake, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos has maintained a Buy rating on Snowflake (NYSE:SNOW) and increased the price target from $225 to $265.
February 21, 2024 | 11:39 am
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Needham analyst Mike Cikos reaffirmed a Buy rating on Snowflake and raised the price target to $265 from $225.
The increase in price target by Needham reflects a positive outlook on Snowflake's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100