Snowflake Sees 17% Upside as Jefferies Upgrades Price Target to $200 [Yahoo! Finance]
Stifel Financial Corporation (SF)
Last stifel financial corporation earnings: 7/30 06:00 am
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Source: Yahoo! Finance
The investment firm also gave Snowflake a 'buy' rating and speculated a potential 17.08% upside from its current share price. Warning! GuruFocus has detected 4 Warning Signs with SNOW. The revision comes after other research firms had some mixed ratings about the cloud data platform provider. In a research note, Stifel Nicolaus last week lowered its price target on Snowflake to $168.00 from $200.00 and reiterated a 'buy' rating on the stock. Needham & Company LLC also increased its price projection to $200.00 but, like many others, was optimistic about Snowflake's growth potential. Barclays raised its goal from $172.00 to $190.00 and gave an "equal weight grading simultaneously. On the other hand, UBS Group took a more cautious approach, lowering its target to $125.00 from $155.00 and describing the stock as 'neutral.' DA Davidson's price target for the company is $175.00, and it reiterated that it is a buy, underlined by its confidence in the company's performance path ahead.
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- 10/23/24 - Miss
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