Scotiabank Maintains Sector Outperform on Snowflake, Lowers Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Patrick Colville maintains a Sector Outperform rating on Snowflake (NYSE:SNOW) but lowers the price target from $207 to $195.

May 23, 2024 | 6:42 pm
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Scotiabank analyst Patrick Colville maintains a Sector Outperform rating on Snowflake but lowers the price target from $207 to $195.
The maintained Sector Outperform rating suggests continued confidence in Snowflake's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100