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Benzinga
Benzinga
Business
Pooja Rajkumari

Snowflake Surges In Pre-Market On Monday: What's Going On?

Snowflake SNOW Wedbush Dan Ives

Snowflake Inc (NYSE:SNOW) experienced a 3.52% increase in pre-market trading on Monday, according to Benzinga Pro.

What Happened: This rise followed an upgrade from Neutral to Outperform by Dan Ives‘ Wedbush, with a revised price target of $190. Wedbush analysts expressed heightened optimism about the software sector’s role in the evolving AI Revolution, projecting growth into 2025.

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