KeyBanc analyst Eric Heath raised the firm’s price target on Snowflake (SNOW) to $210 from $185 and keeps an Overweight rating on the shares given strong second half of 2024 CIO Survey results for Data & Analytics. Vector database remains a fragmented market, but Snowflake was top cited independent vendor, the firm notes.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on SNOW:
- Unusually active option classes on open December 4th
- Alleged Snowflake (SNOW) Hacker Will Face Extradition Hearing Later This Year
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Snowflake’s Conditional Notes Conversion: A Looming Financial Risk
- Macy’s uncovers employee fraud, Summit to be acquired: Morning Buzz
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
