Investors should buy Snowflake shares because companies are going to need the cloud-software data warehousing company’s services even as the economy slows down, Wells Fargo Securities says.
On Friday, analyst Michael Turrin initiated coverage of
Snowflake
stock (ticker:
SNOW
) with an Overweight rating and a price target of $170. That represents a potential gain of 37% from current levels.
Source: https://www.barrons.com/articles/snowflake-cloud-stock-buy-51673029424?siteid=yhoof2&yptr=yahoo
Snowflake Is a Great Cloud Stock to Buy on the Dip, Says Wells Fargo
Investors should buy Snowflake shares because companies are going to need the cloud-software data warehousing company’s services even as the economy slows down, Wells Fargo Securities says.
On Friday, analyst Michael Turrin initiated coverage of
Snowflake
stock (ticker:
SNOW
) with an Overweight rating and a price target of $170. That represents a potential gain of 37% from current levels.
Source: https://www.barrons.com/articles/snowflake-cloud-stock-buy-51673029424?siteid=yhoof2&yptr=yahoo