This Is What Whales Are Betting On Snowflake
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in Snowflake (NYSE:SNOW) with a mix of bullish and bearish options activities. Benzinga's options scanner highlighted 22 extraordinary options activities, indicating potential price movements between $85.0 and $190.0. Analysts have mixed ratings, with an average price target of $201.0.
May 28, 2024 | 4:46 pm
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POSITIVE IMPACT
Snowflake has seen significant options activity, with 22 notable trades indicating potential price movements between $85.0 and $190.0. Analysts have mixed ratings, with an average price target of $201.0.
The significant options activity suggests that large investors are expecting notable price movements. The mixed analyst ratings and an average price target of $201.0 indicate a generally positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100