NYSE:SNOWIT
Snowflake (SNOW) Valuation Reassessed After Barclays Downgrade And Recent Share Price Volatility
Snowflake (SNOW) is back in focus after a Barclays downgrade to Equal Weight, which flagged high valuation, rising investor expectations, and tougher competition, sparking a 5.5% share price drop and fresh questions for holders.
See our latest analysis for Snowflake.
The downgrade comes after a choppy period for the stock, with a 7 day share price return of 11.71% and a 90 day share price return of 14.12%. At the same time, the 1 year total shareholder return sits at 24.41% and the 3 year...