Snowflake Stock Attracts Pre-Earnings Fanfare
SNOWSnowflake(SNOW) Schaeffers Research·2024-02-27 03:27

Cloud stock Snowflake Inc (NYSE:SNOW) is attracting bull notes ahead of the company's fourth-quarter earnings report, due out after the close on Wednesday, Feb. 28. Both Jefferies and D.A. Davidson hiked their price targets to 265and265 and 260 from 230and230 and 220, respectively. At last check, SNOW is up 1% at 231.58.ThesharesareachipshotfromitsFeb.12,52weekhighof231.58. The shares are a chip shot from its Feb. 12, 52-week high of 237.71, with support from the 30-day moving average containing last week's pullback. Snowflake stock sports a 16.5% lead for 2024, and ...