Wedbush Maintains Neutral on Snowflake, Raises Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Taz Koujalgi maintains a Neutral rating on Snowflake (NYSE:SNOW) and raises the price target from $144 to $210.
February 28, 2024 | 1:53 pm
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Wedbush analyst Taz Koujalgi maintains a Neutral rating on Snowflake but raises the price target from $144 to $210.
The increase in price target from $144 to $210 by a Wedbush analyst suggests a positive outlook on Snowflake's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stronger performance or favorable market conditions for Snowflake, potentially leading to increased investor interest and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100