Snowflake (SNOW) Gains Analyst Confidence Despite Rising Competition From Databricks

Snowflake Inc. (NYSE:SNOW) is one of the AI Stocks in Focus on Wall Street. On November 21, Oppenheimer maintained its “Outperform” rating on the stock with a $295.00 price target. The firm is optimistic about the stock, citing encouraging third-quarter checks, resilient AI/ML momentum, and healthy product adoption that signal another strong quarter for the company. Despite increasing competitive headwinds from Databricks, Snowflake’s checks have been encouraging and signal another strong quarter based on ...