Wells Fargo Maintains Overweight on Snowflake, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Turrin maintains an Overweight rating on Snowflake (NYSE:SNOW) but lowers the price target from $225 to $200.
June 21, 2024 | 11:57 am
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Wells Fargo analyst Michael Turrin maintains an Overweight rating on Snowflake but lowers the price target from $225 to $200.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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