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Investing.com -- Macquarie initiated coverage of Snowflake Inc (NYSE:SNOW) with a âNeutralâ rating and a $160 price target, citing the companyâs strong position in cloud data warehousing but noting risks from aggressive revenue guidance and rising competition.
âWe like the company's core cloud data warehouse opportunity and momentum, market expansion opportunities and disciplined execution,â analyst at Macquarie said.
Snowflake is disrupting the $80 billion analyti...
>>> Read more: Macquarie starts Snowflake at âneutralâ on balanced growth, competitive risks
âWe like the company's core cloud data warehouse opportunity and momentum, market expansion opportunities and disciplined execution,â analyst at Macquarie said.
Snowflake is disrupting the $80 billion analyti...
>>> Read more: Macquarie starts Snowflake at âneutralâ on balanced growth, competitive risks
