Snowflake Gains Momentum in AI and Data Cloud, Says Truist Securities

Snowflake Inc. (NYSE:SNOW) ranks among the best fundamental stocks to buy according to hedge funds. On June 18, Truist Securities restated its Buy rating and $235 price target for Snowflake Inc. (NYSE:SNOW) following encouraging results from the firm’s mid-year IT spending survey. The survey revealed that Snowflake’s data cloud offerings remained prevalent and suggested that […]