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Stock impact report

Here's What Analysts Think About Snowflake Inc (SNOW) [Yahoo! Finance]

Snowflake Inc. (SNOW) 
Last snowflake inc. earnings: 5/4 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
A day earlier, on December 15, Simon Leopold from Raymond James resumed Snowflake Inc. (NYSE:SNOW) with a Buy rating but lowered the price target from $274 to $250. ?Analysts from TD Cowen noted that they like the company's improved execution and reduced risks on the balance sheet. In addition, the firm also likes the company's transition to a more robust revenue and earnings model. The research firm noted that after meeting with the management of Snowflake Inc. (NYSE:SNOW), they are more constructive on management's approach towards improving net margins and net interest income. On the other hand, Simon Leopold from Raymond James noted that the company is transforming from a core cloud data warehouse into a comprehensive data, application, and AI platform. He believes that this positions the company better to secure a greater market share in the enterprise workloads. This is further boosted by the rising AI adoption, platform integration trends, and the rise of open data standard Show less Read more
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