Snowflake's AI Advantage: A Valuation Gamble Oppenheimer's raised price target and "Outperform" rating for Snowflake have sent the stock soaring.
The 36% increase in Oppenheimer's target has left investors wondering if Snowflake is due for a correction, given its shares are already near their 52 week high.
The key to this bullish call lies in CoCo, Snowflake's AI coding agent.