Snowflake is cheap at these levels and can go up 84%, Rosenblatt Securities says

It’s time to jump in and buy Snowflake after the cloud computing company’s 59% drop this year, according to Rosenblatt Securities. Analyst Blair Abernethy upgraded shares of Snowflake to buy from neutral, saying ahead of the company’s quarterly earnings report this week that the stock is cheap at current valuations — even after the analyst




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