Snowflake (SNOW) Is Up 50%—Is the Stock Still a Buy?

The rapid adoption of artificial intelligence is driving demand for larger and increasingly sophisticated data workloads. At the same time, rising enterprise data volumes are creating significant opportunities for Snowflake Inc. (NYSE:SNOW). On September 28, Phillip Securities initiated coverage with a Buy rating and a $423 price target. The research firm said Snowflake is well […]