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Brokers Suggest Investing in Snowflake (SNOW): Read This Before Placing a Bet
SNOWSnowflake(SNOW) ZACKS·2024-08-14 22:31

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Snowflake Inc. (SNOW) .Snowflake currently has an average brokerage recommendation (ABR) of 1.8 ...