Snowflake (SNOW) is Killing Amazon's (AMZN) Redshift - Larry Ellison
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Deutsche Bank Downgrades Snowflake Inc. (SNOW) to Hold; 'Winter is Coming'
December 11, 2020 5:42 AM EST(Updated - December 11, 2020 8:20 AM EST)
Deutsche Bank analyst Patrick Colville downgraded Snowflake Inc. (NYSE: SNOW) from Buy to Hold with a price target of $335.00.
The analyst comments "With Snowflake trading at 52x FY23E (Jan 23) sales, the risk/reward, in... More
