Mizuho Maintains Buy on Snowflake, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz maintains a Buy rating on Snowflake (NYSE:SNOW) but lowers the price target from $205 to $180.
June 05, 2024 | 12:36 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Mizuho analyst Gregg Moskowitz maintains a Buy rating on Snowflake but lowers the price target from $205 to $180. This indicates continued confidence in the company's long-term prospects despite a more conservative short-term outlook.
The Buy rating suggests that the analyst still sees potential for growth in Snowflake's stock, but the lowered price target reflects a more cautious short-term outlook. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100