Snowflake Inc. (SNOW) PT Lowered to $160 at Jefferies

Popular stocks with increasing volume: GME AMC CRWD TSM HPE MNST INTC SNOW NIO SMCI

Popular stocks with increasing volume: GME AMC CRWD TSM HPE MNST INTC SNOW NIO SMCI

Snowflake Inc. (SNOW) PT Lowered to $168 at KeyBanc

(Updated - June 6, 2024 9:55 AM EDT)

KeyBanc analyst Eric Heath lowered the price target on Snowflake Inc. (NYSE: SNOW) to $168.00 (from $200.00) while maintaining a Overweight rating.

The analsyt commented, "This week we attended Snowflake's 2024 investor day and associated Data Cloud Summit user conference and came away more positive on the accelerated pace of product innovation, Snowflake's easy to use platform, and the strong... More

RBC cuts Snowflake (SNOW) target following analyst day

Snowflake (NYSE: SNOW) held its Summit 2024 and annual Analyst Day in San Francisco on Tuesday. Here's how analysts reacted:

Following the event, RBC Capital maintained an Outperform rating on the stock but cut the price target to $183 from $226 per share, saying the event did not significantly change their thesis.

"The focus centered on 1) the data cloud market is expected to be a $342B CY/28E TAM, 2) the company is focused on a... More

Goldman Sachs Reiterates Buy Rating on Snowflake Inc. (SNOW)

Goldman Sachs analyst Kash Rangan reiterated a Buy rating and $220.00 price target on Snowflake Inc. (NYSE: SNOW).

The analyst comments "We reiterate our Buy rating and $220 Price Target on Snowflake after attending the Data Cloud Summit and Investor Day. We walked away more confident that Snowflake is uniquely suited to be a long-term Gen-AI winner as value extends beyond the infrastructure layer (re: model training) to the... More

Snowflake (SNOW) call put ratio 1.8 calls to 1 put as share price down 5%

Snowflake (NYSE: SNOW) 30-day option implied volatility is at 39; compared to its 52-week range of 33 to 67. Call put ratio 1.8 calls to 1 put.

Snowflake Inc. (SNOW) PT Lowered to $171 at UBS

UBS analyst Karl Keirstead lowered the price target on Snowflake Inc. (NYSE: SNOW) to $171.00 (from $190.00) while maintaining a Neutral rating.... More

Midday movers: CrowdStrike, HPE, Intel rise; Dollar Tree falls

(Updated - June 5, 2024 11:40 AM EDT)

Investing.com -- U.S. stock futures rose Wednesday following the release of monthly U.S. ADP private payrolls data, ahead of Fridays key nonfarm payrolls report. The ADP data showed private sector job gains were not as strong as expected, another potential sign of cooling in the labor market, and a hopeful signal for potential Fed rate cuts.

Here are some of the biggest U.S. stock movers today:

Hewlett Packard Enterprise (NYSE:... More

Piper Sandler Reiterates Overweight Rating on Snowflake Inc. (SNOW)

Piper Sandler analyst Brent Rabatin reiterated an Overweight rating and $240.00 price target on Snowflake Inc. (NYSE: SNOW).

The analyst commented, "We came away from the 2024 Snowflake user conference and analyst day more encouraged by positive customer feedback by large enterprises like Coca-Cola,... More

Snowflake Inc. (SNOW) PT Lowered to $180 at Mizuho

(Updated - June 5, 2024 6:36 AM EDT)

Mizuho analyst Gregg Moskowitz lowered the price target on Snowflake Inc. (NYSE: SNOW) to $180.00 (from $205.00) while maintaining a Buy rating.

The analyst commented: "We attended Snowflake Summit, SNOW's annual user conference, along with its Investor... More

Snowflake Inc. (SNOW) PT Lowered to $183 at RBC Capital

RBC Capital analyst Matt Hedgberg lowered the price target on Snowflake Inc. (NYSE: SNOW) to $183.00 (from $226.00) while maintaining a Outperform rating.

The analyst comments " We had the opportunity to attend Snowflake's Data Cloud Summit 24 and corresponding investor day. The focus... More

Barclays Reiterates Equalweight Rating on Snowflake Inc. (SNOW)

Barclays analyst Raimo Lenschow reiterated an Equalweight rating and $191.00 price target on Snowflake Inc. (NYSE: SNOW).

The analyst comments "We think SNOWs customer conference and analyst day showed clearly the fast product evolution for SNOW with many new solutions being announced or... More