Snowflake Is an Analyst ‘Favorite’ Ahead of Earnings. The Stock Is Up 18% This Year.
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Mizuho analyst Gregg Moskowitz boosted his price target for Snowflake on Thursday, calling the data storage company one of his “favorite April-ending stocks to own” ahead of its first-quarter earnings report on May 21. Several other software vendors will report financial results for the quarter through April this month. Moskowitz also recommends owning Okta and Salesforce which report their earnings on May 27 and May 28, respectively.