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001122334455554433221100

snowflake receives multiple upgrades and institutional investments amid strong market interest

Wolfe Research upgraded Snowflake's rating to "outperform" with a price target of $235, while Stifel Nicolaus raised its target from $187 to $210, maintaining a "buy" rating. Currently, Snowflake holds a "Moderate Buy" average rating with a consensus price target of $202.92, despite one sell rating among analysts. Recently, Banco Santander invested $35.25 million in the company, which is primarily focused on providing a cloud-based data platform.
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