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 notable amount of options activity. The sentiment among these investors is mixed, with 48% bullish and 24% bearish. Analysts have varied ratings on the stock, with target prices ranging from $190 to $240.
June 12, 2024 | 3:31 pm
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POSITIVE IMPACT
Significant options activity in Snowflake (NYSE:SNOW) indicates mixed sentiment among large investors. Analysts have varied ratings with target prices between $190 and $240.
The substantial options activity and mixed sentiment among large investors suggest potential volatility in the short term. Analysts' target prices indicate a generally positive outlook, which could drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100