Wall Street Analysts Believe Snowflake (SNOW) Could Rally 27.37%: Here's is How to Trade
SNOWSnowflake(SNOW) zacks.com·2024-05-20 22:56

Shares of Snowflake Inc. (SNOW) have gained 11.3% over the past four weeks to close the last trading session at 161.86,buttherecouldstillbeasolidupsideleftinthestockifshorttermpricetargetsofWallStreetanalystsareanyindication.Goingbythepricetargets,themeanestimateof161.86, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of 206.16 indicates a potential upside of 27.4%. The average comprises 37 short-term price targets ranging from a low of 105toahighof105 to a high of 246, with a standard deviation of $30.83. While the lowest estimate indica ...