Snowflake's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Financial giants are showing a bullish sentiment towards Snowflake (NYSE:SNOW) with significant options trading activity. Analysts have set an average price target of $163, with ratings ranging from Neutral to Buy. The stock is currently trading at $114.05, up by 1.07%.
September 17, 2024 | 5:01 pm
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Snowflake (NYSE:SNOW) sees bullish sentiment from major investors with significant options trading. Analysts have set an average price target of $163, with ratings from Neutral to Buy. The stock is currently trading at $114.05, up by 1.07%.
The article highlights significant bullish options trading activity for Snowflake, indicating positive sentiment from major investors. Additionally, analysts have set a higher average price target than the current trading price, suggesting potential upside. The stock's recent price increase further supports a positive short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100