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Snowflake Shares See Target-Price Boosts as Directors Sell Stock

Snowflake logoSnowflake
Sig2.15Sen+1.45Env0.00Soc0.00Gov-0.45

Broker reports boosted Snowflake’s price targets, including Wedbush and Bank of America raising targets and reiterating buy/outperform ratings. CrowdStrike said its Falcon platform will be available via Google Cloud and the Snowflake Marketplace. Meanwhile, directors sold shares under a pre-arranged Rule 10b5-1 plan, and insider selling in the prior quarter totaled over 1M shares.

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