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institutional investors increase stakes in snowflake amid positive analyst ratings
Quarry LP increased its stake in Snowflake by 9.8%, now holding 662 shares valued at $102,000. Other institutional investors, including Breakwater Capital Group and Gabelli Funds LLC, also raised their stakes, contributing to a total institutional ownership of 65.10%. Snowflake's stock has a consensus rating of "Moderate Buy" with a target price of $202.65, reflecting positive analyst sentiment despite recent insider sales.
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