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Benzinga

Business

Dylan Berman

Snowflake Stock Is Rising Tuesday: What's Going On?

Snowflake

Snowflake Inc. (NYSE:SNOW) stock is trading higher Tuesday. The movement appears to be driven by positive analyst coverage.

What Happened: Morgan Stanley analyst Sanjit Singh assumed Snowflake with an Overweight rating on Tuesday and set a price target of $262, citing improvement in secular growth trends.

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