|Day's Range||42.90 - 43.80|
Data company Snowflake (NYSE: SNOW) went public in September 2020. At the time, management said it had a market opportunity of $81 billion. The story of how Snowflake's market opportunity tripled in under three years is worthy of investors' attention.
The average brokerage recommendation (ABR) for Snowflake Inc. (SNOW) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Snowflake and Adobe software caters to completely different audiences. Adobe's products are used as tools for more-creative and art-focused careers. Many of Adobe's products are the industry standard in graphic design.