Mizuho Analyst Praises Snowflake's Product Updates Despite PT Reduction
Wednesday, 5 June 2024, 10:37
Mizuho Analyst Maintains Buy Rating on Snowflake Stock Despite Price Target Cut
Mizuho has decided to keep its buy rating on Snowflake stock, showing confidence in the company's potential despite reducing the price target. The decision was based on the firm being impressed with the recent product updates by Snowflake.
Key Points:
- Continued buy rating on Snowflake stock by Mizuho
- Positive sentiment towards Snowflake's product updates
- Price target reduction but maintained confidence in the company
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