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Citi maintains its bullishness on cloud stock Snowflake ahead of second-quarter earnings
Citi sees another upside of 28% ahead for shares of Snowflake.
Citi sees another upside of 28% ahead for shares of Snowflake.
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The Wall Street investment bank is growing bullish on Snowflake ahead of next week's earnings update.

In a Tuesday note, the bank maintained its buy rating on the cloud computing stock and raised its price target.

Shares have advanced nearly 19% so far this week alone. The firm's second-quarter earnings and revenue surpassed analyst…

Snowflake Inc (NYSE:SNOW) reported strong Q1 results, with revenue of $1.39B, beating estimates. It also announced a partnership…

Cloud growth has been a widely watched metric for the company as rivals such as Google and Microsoft ramp up the pressure.

Snowflake's stock surges after-hours on solid earnings beat and multibillion-dollar AWS cloud deal - SiliconANGLE