Snowflake Stock Lands Pre-Earnings Upgrade
Portfolio Pulse from
Snowflake Inc (NYSE:SNOW) received an upgrade from Wolfe Research, boosting its stock by 3% in pre-market trading. The firm raised its rating to 'outperform' with a price target of $235.
February 18, 2025 | 2:30 pm
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POSITIVE IMPACT
Snowflake Inc's stock rose 3% in pre-market trading following an upgrade by Wolfe Research to 'outperform' with a $235 price target.
The upgrade by Wolfe Research is a positive signal for investors, suggesting confidence in Snowflake's future performance. The new price target of $235 indicates potential upside, contributing to the 3% pre-market stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100