Deep Dive Into Snowflake Stock: Analyst Perspectives (27 Ratings)
Portfolio Pulse from Benzinga Insights
The article provides an in-depth analysis of Snowflake (NYSE:SNOW) based on recent analyst ratings. Over the past three months, 27 analysts have shared their opinions, with a mix of bullish, somewhat bullish, indifferent, somewhat bearish, and bearish sentiments. The average 12-month price target has decreased by 5.71% to $215.96. Various analysts have adjusted their ratings and price targets, reflecting dynamic market conditions and company performance.
May 15, 2024 | 2:00 pm
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NEUTRAL IMPACT
Snowflake has received mixed ratings from 27 analysts over the past three months, with a notable decrease in the average 12-month price target by 5.71% to $215.96. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance.
The mixed analyst ratings and the decrease in the average price target suggest a neutral short-term impact on Snowflake's stock price. While some analysts have lowered their ratings and price targets, others have maintained or raised theirs, indicating varied expectations for the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100