Citi Reiterates Buy Rating on Snowflake Inc. (SNOW)

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UBS Reiterates Neutral Rating on Snowflake Inc. (SNOW)

June 13, 2024 5:51 AM EDT

UBS analyst Karl Keirstead reiterated a Neutral rating and $171.00 price target on Snowflake Inc. (NYSE: SNOW).

The analyst comments "We attended the SF-based customer conference and Investor Day for privately-held Databricks, a key rival to Snowflake, and offer our raw feedback from... More

BofA sees negative implications from cyber threat reported on Snowflake’s customer accounts

June 12, 2024 8:38 AM EDT

Bank of America analysts acknowledged potential negative impacts for Snowflake (NYSE: SNOW) following a reported cyber threat impacting customer accounts. While maintaining a Neutral rating and $200 price target on the stock, BofA highlights concerns arising from the incident.

"Snowflake first became aware of unauthorized access to certain customer accounts on May 23,... More

BofA Securities Reiterates Neutral Rating on Snowflake Inc. (SNOW)

June 12, 2024 6:00 AM EDT

BofA Securities analyst Brad Sills reiterated a Neutral rating and $200.00 price target on Snowflake Inc. (NYSE: SNOW).

The analyst comments "We see potential business implications regarding this reported attack. First, this could lead to a pause of data/workload migrations and delay new account wins as customers... More