Australia markets open in 9 hours 22 minutes
  • ALL ORDS

    7,259.50
    +9.20 (+0.13%)
     
  • AUD/USD

    0.6999
    +0.0086 (+1.25%)
     
  • ASX 200

    7,020.60
    +5.00 (+0.07%)
     
  • OIL

    88.58
    -0.43 (-0.48%)
     
  • GOLD

    1,802.00
    +10.80 (+0.60%)
     
  • BTC-AUD

    34,509.59
    +1,277.42 (+3.84%)
     
  • CMC Crypto 200

    563.75
    +20.88 (+3.85%)
     
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Snowflake stock gets a boost from Jefferies upgrade

In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Yahoo Finance Live anchors discuss Snowflake stock after Jefferies upgraded shares.

Video transcript

BRIAN SOZZI: OK, before we head to break, let's pull up a Yahoo Finance chart of cloud player Snowflake. Shares have tanked 57% this year, but are getting a boost today on an upgrade to buy from Jefferies analyst Brent Thill. Thill says the valuation on Snowflake looks compelling and adds this. Stick with the story over the long-term, given its large end markets and plenty of room to double its value while growing into a reasonable multiple.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting