Wells Fargo analyst Michael Turrin raised the firm’s price target on Snowflake to $195 from $185 and keeps an Overweight rating on the shares following Analyst Day. The firm comes away appreciative of the long-term potential, alongside some encouraging near-term comments but notes competition and complexity across the data landscape are also rising.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on SNOW: