Expert Outlook: Snowflake Through The Eyes Of 32 Analysts
Portfolio Pulse from Benzinga Insights
The article provides an overview of recent analyst ratings for Snowflake (NYSE:SNOW), highlighting a mix of bullish and bearish perspectives. Analysts have set a 12-month average price target of $202.97, which is 4.39% lower than the previous average. The article also details individual analyst actions, including rating changes and price target adjustments.
August 15, 2024 | 9:02 pm
News sentiment analysis
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Analysts have mixed views on Snowflake, with a 12-month average price target of $202.97, down 4.39% from the previous average. Recent actions include both rating downgrades and price target reductions.
The mixed analyst ratings and the reduction in the average price target suggest a neutral short-term impact on Snowflake's stock price. While some analysts have downgraded their ratings and reduced price targets, others have maintained or even raised their targets, indicating a balanced outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100