Despite near-term growth concerns, Wall Street analysts view this cloud stock as a long-term AI winner
Snowflake should emerge as a long-term AI winner despite a string of short-term snowstorms, Wall Street analysts think. Cloud stock fell more than 16% on Thursday after the company shared product revenue guidance that fell short of consensus expectations and results that pointed to slowing growth. Wolfe Research downgraded Snowflake to outperform from outperform, citing … Read more
