Snowflake (SNOW) option implied volatility flat into Berkshire Hathaway exits Snowflake
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Go back to Snowflake (SNOW) option implied volatility flat into Berkshire Hathaway exits Snowflake
August 19, 2024 5:34 AM EDT
Evercore ISI analyst Kirk Materne lowered the price target on Snowflake Inc. (NYSE: SNOW) to $170.00 (from $225.00) while maintaining a Outperform rating.
The analyst comments "What does this mean for our expectations for F2Q? We expect SNOW to deliver modest (~2-3%) upside to Street ests. of F2Q... More
August 16, 2024 6:17 AM EDT
BofA Securities analyst Brad Sills lowered the price target on Snowflake Inc. (NYSE: SNOW) to $160.00 (from $200.00) while maintaining a Neutral rating.
The analyst comments "The stock has rerated, and the valuation is certainly interesting, at 35x C25e FCF, representing 1.1x... More
August 15, 2024 7:19 AM EDT
Shares of Snowflake (NYSE: SNOW) fell more than 3% premarket Thursday after Wells Fargo downgraded the stock and Berkshire Hathaway, led by Warren Buffett, sold its entire stake in the company.
Snowflake, which has been a high-flyer in the tech sector, faces mounting challenges, leading Wells Fargo to cut its rating from Overweight to Equal Weight and slash its price target from $200... More
