Rialzista
Swiss National Bank increases Snowflake stake by 7.1%, now holding 944,600 shares.
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In the first quarter, the Swiss National Bank boosted its Snowflake holdings by 7.1%, acquiring an additional 62,600 shares to reach a total of 944,600 shares valued at approximately $142.5 million. This move reflects continued institutional confidence in Snowflake's growth prospects. Analyst sentiment remains positive, with firms like Bank of America, Mizuho, Oppenheimer, and RBC raising price targets, resulting in a consensus rating of 'Moderate Buy' and an average target price around $296.
Punti chiave
- Swiss National Bank increases Snowflake stake by 7.1%, now holding 944,600 shares.
- Analyst sentiment remains positive, with a consensus rating of 'Moderate Buy' and an average target price around $296.
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