Snowflake stock heats up and heads back toward $100 billion valuation after vote of confidence

Snowflake Inc. shares rallied Monday after Morgan Stanley upgraded the cloud-based data-management software company, sending its valuation back atop $90 billion.

Snowflake
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+7.48%

shares rallied as much as 10% after Morgan Stanley analyst Keith Weiss raised his rating to overweight from equal-weight and hiked his price target to $390 from…

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News Source: https://www.marketwatch.com/story/snowflake-stock-heats-up-and-heads-back-toward-100-billion-valuation-after-vote-of-confidence-11644263290

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