Canaccord Genuity Maintains Buy on Snowflake, Lowers Price Target to $215
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity maintains a Buy rating on Snowflake (NYSE:SNOW) but lowers the price target from $230 to $215.
May 24, 2024 | 12:37 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Canaccord Genuity maintains a Buy rating on Snowflake but lowers the price target from $230 to $215.
The Buy rating suggests continued confidence in Snowflake's long-term prospects, but the lowered price target indicates some caution about short-term performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100