AIBullishCrypto Briefing · 3h ago6/10
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HSBC upgrades Snowflake to Buy, sets price target at $289
HSBC has upgraded Snowflake to a Buy rating with a $289 price target, citing the company's AI-driven revenue growth and strengthening customer commitments. The upgrade reflects confidence in Snowflake's competitive positioning despite intensifying competition from major cloud providers like AWS, Azure, and Google Cloud.
