Rosenblatt Securities Upgrades Snowflake to 'Buy', Sets Price Target at $185

Friday, 5 April 2024, 14:37

Rosenblatt Securities has upgraded the cloud data analytics company Snowflake from a 'Neutral' rating to a 'Buy' rating, with a price target of $185. This upgrade comes as a result of healthy customer interest and a growing market presence. Investors are optimistic about the potential growth prospects for Snowflake following this positive development.
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Rosenblatt Securities Upgrades Snowflake to 'Buy', Sets Price Target at $185

Rosenblatt Securities Upgrades Snowflake to 'Buy'

Rosenblatt Securities has upgraded the cloud data analytics company Snowflake from a 'Neutral' rating to a 'Buy' rating, setting a price target of $185. The upgrade is based on the company's strong customer interest and expansion in the market.

Key Points:

  • Upgrade to 'Buy' from 'Neutral'.
  • Price target set at $185.
  • Roseblatt cites healthy customer interest and growth potential.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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