Snowflake Inc (NYSE:SNOW) shares are rising on Tuesday even while Technology slipped 0.2% and the S&P 500 fell 0.4%. Citizens Reiterated its rating and maintained its price target. Here’s what you should know.

Snowflake stock is surging to new heights today. Why is SNOW stock surging?

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Citizens analyst Patrick Walravens reiterated a Market Outperform rating and maintained its $325 price target in a note published Tuesday morning.

Snowflake’s Chart: Short-Term Up, Long-Term Still On Probation