Snowflake Stock Rises After Investor Day and Analyst Upgrade - Barron's
1. Snowflake received price target increases from several analysts after investor day. 2. UBS upgraded SNOW to Buy, raising target price from $210 to $265. 3. The company reported its first $1 billion revenue quarter last month. 4. Investments in AI are driving demand for Snowflake's services. 5. Competitors like Databricks pose challenges but market growth is expected.