Top Analyst Ratings for May 17th, 2024

Snowflake Inc. (SNOW) Analysts Cut Price Targets on Valuation Adjustment

Analyst Ratings for May 17th

  • Deere & Co: Daiwa Capital Markets increased the target price to $440 from $400. Deere plans to under-produce demand to reduce inventories.
  • Under Armour Inc: JPMorgan downgraded the rating to “Underweight” from “Neutral” due to lagging product innovation and profitability compared to peers.
  • Viking Therapeutics Inc: Raymond James upgraded the rating to “Strong Buy” from outperform, highlighting the potential of its obesity treatment against competition from Roche.
  • Nvidia Inc: Oppenheimer & Co. reaffirmed their bullish “Outperform” rating for NVIDIA, maintaining the target price at USD 1100.
  • Snowflake: JMP Securities reiterated its “Market Outperform” rating for Snowflake, with a target price of USD 235 on attractive valuation.

https:/imperial-oil-imotsx-analysts-update-coverage/

Ad