Morningstar

Snowflake: Shares Are a Top Pick as Market Overlooks the Data’s Massive Need for a Home (or Igloo)

Snowflake SNOW is one of our top picks in the technology sector, as we see an attractive long-term investment opportunity in the no-moat firm implied in our $231 fair value estimate and our 4-star ...
Morningstar

Raising Snowflake’s FVE to $295 as We Expect Flurry From Datasphere Growth; Shares Fairly Valued

We are raising our fair value estimate for no-moat Snowflake to $295 per share from $234 per share, as we’re even more optimistic about the overall database management systems, or DBMS, market and ...