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Added to YB: 2024-11-07

Pitch date: 2024-11-06

SNOW [bullish]

Snowflake Inc.

+22.19%

current return

Author Info

No bio for this author

Company Info

Snowflake Inc. provides a cloud-based data platform for various organizations in the United States and internationally.

Market Cap

$61.1B

Pitch Price

$122.25

Price Target

140.00 (-6%)

Dividend

N/A

EV/EBITDA

-56.62

P/E

-45.28

EV/Sales

12.62

Sector

IT Services

Category

growth

Show full summary:
Snowflake Upgraded to Buy as Monness Crespi Hardt Cites Attractive Valuation and Innovation Potential

SNOW: Monness upgrades to Buy, PT $140. Valuation compelling after 41% YTD decline. Accelerated innovation to show results in 12-18 months. AI hype to bring incremental benefits. Potential margin lever from lack of restructuring. Analyst: Brian White.

Read full article (1 min)