Snowflake’s stock advances on upgrade as AI ‘revolution’ hits its ‘next gear,’ one analyst says
Silicon Valley-based Snowflake is “in the sweet spot” to benefit from wider use of AI among businesses over the next 12 to 18 months, according to Wedbush analyst Dan Ives.
Snowflake Stock Rises as Wedbush Notes AI 'Sweet Spot' in Upgrade
Shares of Snowflake ( SNOW) gained about 3% Monday afternoon as Wedbush upgraded the stock, saying the cloud software provider is in the "sweet spot" to benefit from the booming demand for artificial intelligence (AI) products. The bank raised its rating on the stock to "outperform" from "neutral." It has a new price target of $190.
Snowflake stock jumps 33% on Thursday, analysts see more upside potential
Snowflake stock rallied today on a solid quarter and impressive guidance. Goldman Sachs analyst Kash Rangan sees upside in SNOW to $220.
Snowflake's stock floats higher on fresh upgrade
Snowflake Inc.'s stock is rising 3% in premarket trading on Monday after Wedbush analyst Daniel Ives upgraded the AI software maker to outperform from neutral. “Now its time for the broader software space to get in on the AI Party as we believe the use cases are exploding,
Snowflake, Elastic Poised For AI Revolution Gains, Analyst Upgrades The Stocks
Wedbush Securities analyst Daniel Ives has significantly increased his optimism on the next phase of the AI revolution, focusing on its transformative impact on the software sector. The analyst projects a monumental shift driven by generative AI adoption,
Snowflake, Elastic rise as Wedbush upgrades due to AI revolution hitting 'next phase'
Snowflake (SNOW) and Elastic (ESTC) were in focus on Monday as Wedbush Securities upgraded the software companies. Read for more.
Snowflake’s stock upgraded as AI ‘revolution’ hits its ‘next gear’ with software, one analyst says
Silicon Valley-based Snowflake is “in the sweet spot” to benefit from wider use of AI among businesses over the next 12 to 18 months, according to Wedbush analyst Dan Ives.
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