Barclays Maintains Equal-Weight on Snowflake, Lowers Price Target to $146
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Snowflake (NYSE:SNOW) but lowers the price target from $191 to $146.
August 19, 2024 | 11:44 am
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Barclays analyst Raimo Lenschow maintains an Equal-Weight rating on Snowflake but lowers the price target from $191 to $146.
The lowered price target from $191 to $146 by Barclays suggests a less optimistic outlook for Snowflake's stock performance, which could lead to a short-term negative impact on the stock price.
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