JMP Securities analyst Patrick Walravens maintained a Buy rating on Snowflake (SNOW – Research Report) today and set a price target of $215.00. The company’s shares opened today at $141.13.
Walravens covers the Technology sector, focusing on stocks such as Salesforce, DocuSign, and Vertex. According to TipRanks, Walravens has an average return of -3.5% and a 36.57% success rate on recommended stocks.
In addition to JMP Securities, Snowflake also received a Buy from Rosenblatt Securities’s Blair Abernethy in a report issued today. However, on November 21, Monness maintained a Hold rating on Snowflake (NYSE: SNOW).
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The company has a one-year high of $377.26 and a one-year low of $110.27. Currently, Snowflake has an average volume of 6.09M.
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SNOW in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Founded in 2012, Snowflake Inc. is a cloud-based company which provides a data platform in the United States and internationally. The company’s platform enables customers to consolidate data into a single source to drive meaningful business insights, build data-driven applications, and share data.
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