Snowflake Stock Rises as Wedbush Notes AI 'Sweet Spot' in Upgrade

Key TakeawaysWedbush upgraded Snowflake as the analysts predicted that the artificial intelligence software era is here.Wedbush said Snowflake was in the "sweet spot" to benefit from AI product demand.The analysts added that it was time for the broader software sector to "get in on the AI party." Shares of Snowflake (SNOW) gained about 3% Monday afternoon as Wedbush upgraded the stock, saying the cloud software provider is in the "sweet spot" to benefit from the booming demand for artificial intelligence (A ...