Snowflake (SNOW) stock price is down almost 30% year-to-date. Snowflake provides a cloud-based data platform and has a market cap of $91.6B. Recently, Atlantic Equities started the SNOW stock with a neutral rating and a $240 price target. Also, Exane BNP Paribas downgraded the stock to underperform from neutral. George Tsilis weighs in.
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