Jefferies Maintains Buy on Snowflake, Lowers Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Brent Thill maintains a Buy rating on Snowflake (NYSE:SNOW) but lowers the price target from $160 to $145.

August 22, 2024 | 4:40 pm
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Jefferies analyst Brent Thill maintains a Buy rating on Snowflake but lowers the price target from $160 to $145, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in Snowflake's performance, but the lowered price target indicates a tempered outlook, possibly due to market conditions or company performance. This mixed signal may lead to neutral short-term price movement.
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