Canaccord Genuity Reiterates Buy on Snowflake, Maintains $230 Price Target
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Kingsley Crane reiterates a Buy rating on Snowflake (NYSE:SNOW) and maintains a $230 price target.
February 29, 2024 | 3:27 pm
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Canaccord Genuity maintains a Buy rating on Snowflake with a $230 price target.
The reiteration of a Buy rating and maintenance of a $230 price target by Canaccord Genuity is a positive signal for Snowflake's stock. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100