Snowflake Stock News

Snowflake Inc. shares rallied Monday after Morgan Stanley upgraded the cloud-based data-management software company, sending its valuation back atop $90

CFVI rallied after Rumble made an offer to Joe Rogan. SNOW rose on an analyst''s upgrade. BABA fell on speculation of a Softbank sale. ON climbed on earnings news.

These are the stocks posting the largest moves in midday trading.

Morgan Stanley upgraded two IT stocks today - Morgan Stanley analyst Keith Weiss upgraded Snowflake Inc (NYSE: SNOW ) to Overweight from Equal Weight with a price target of $390, up from $344 (30.5% upside). Weiss highlights that working to the Rule of 80 with Snowflake executing ahead of plan, the recent pullback creates an attractive opportunity and upgrades to OW. Weiss notes that leveraging the public cloud''s elasticity, scalability, and performance, Snowflake''s cloud data platform enables its customers to eliminate data silos while reducing overhead, complexity, and infrastructure management costs, thereby allowing them to focus on driving sharing Full story available on Benzinga.com

Over the past 3 months, 11 analysts have published their opinion on Snowflake (NYSE: SNOW ) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company''s business to predict how a stock will trade over the upcoming year. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 5 3 0 0 Last 30D 0 1 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 2 4 3 0 0 In the last 3 months, 11 analysts have offered 12-month price targets for Snowflake. The company has an average price target of $397.18 with a high of $465.00 and a low of $344.00. Below is … Full story available on Benzinga.com

Snowflake Rallies After Morgan Stanley Upgrades to Overweight

Early-stage startups are invited to showcase the possibilities for building groundbreaking applications powered by Snowflakes Data Cloud.

Which high-growth cloud stock is a better investment?

Israeli startup Firebolt has been taking on Googles BigQuery, Snowflake and others with a cloud data warehouse solution that it claims can run analytics on large datasets cheaper and faster than its competitors. Now, it is announcing a big round of funding to fuel its big data growth: Firebolt has raised $100 million in a []

Israeli startup Firebolt has been taking on Googles BigQuery, Snowflake and others with a cloud data warehouse solution that it claims can run analytics on large datasets cheaper and faster than its competitors. Now, it is announcing a big round of funding to fuel its big data growth: Firebolt has raised $100 million in a []

Deutsche Bank just cut its price target. Then again, the bank cut a bunch of price targets.

Snowflake (SNOW) shares surged on Thursday, one day after William Blair upgraded the stock.Analyst Kamil Mielczarek raised his rating to outperform, up form market perform, citing

Tuesday''s top analyst upgrades and downgrades included Airbnb, Alibaba, ConocoPhillips, Corning, Honeywell, JPMorgan, Las Vegas Sands, Lennar, Melco Resorts, Mosaic, ONEOK, Sirius XM, Snowflake and Walt Disney.

Futures Tumble As Global Bond Yields Surge Yesterday when US stock markets were closed but both bond and equity futures were trading, we pointed out that 10Y Treasury futures implied a yield of over 1.80%, a number which was the highest in years and which we warned would cause headaches for stock traders when the US reopened fully on Tuesday. And sure enough, with 10Y yields surging as high as 1.8536% overnight and 2Y yields jumping to 1.05% (up a whopping 15bps from 0.90% last Friday) .... futures are getting hammered this morning, with emini S&P futures down 48 points or over 1% and just above 4,600, while Nasdaq futures were getting hammered again, sliding 1.62% or 254 points. The dollar rose and Brent oil touched $88/bbl, the highest price since 2014. Global stocks have had a turbulent start to the year as investors shift out of more expensive and rates-sensitive sectors such as technology into cheaper, so-called value shares. Market participants are now waiting for the earnings season to gauge whether companies can continue delivering robust profits despite higher costs and challenges from omicron.

Guardian Fund, an investment management firm, published its fourth-quarter 2021 investor letter a copy of which can be downloaded here.