Snowflake Stock Is on Pace for Its Highest Close in 15 Months - Barron's
1. Snowflake's stock rose 10% following its strong Q1 earnings report. 2. The company achieved its first $1 billion revenue quarter and beat projections. 3. Analysts remain optimistic, raising price targets significantly after the earnings. 4. Snowflake shows resilience amidst economic uncertainties, with positive customer growth. 5. Industry analysts favor software companies like Snowflake for investment in current climate.