Stock Track | Snowflake Plummets 5.57% as DA Davidson Cuts Price Target Amid Economic Concerns

Stock Track

04/22

Shares of Snowflake Inc. (NYSE:SNOW) plummeted 5.57% during Monday's trading session, as investors reacted to a significant price target reduction from a major analyst firm. The cloud-based data ...

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(NYSE:SNOW) plummeted 5.57% during Monday's trading session, as investors reacted to a significant price target reduction from a major analyst firm. The cloud-based data ...</p>\n\n<a href=\"\">網頁鏈接</a>\n\n</div>\n","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Snowflake Plummets 5.57% as DA Davidson Cuts Price Target Amid Economic Concerns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Snowflake Plummets 5.57% as DA Davidson Cuts Price Target Amid Economic Concerns\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time smaller\">2025-04-22 01:32</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<div>\n<p>Shares of Snowflake Inc. (NYSE:SNOW) plummeted 5.57% during Monday's trading session, as investors reacted to a significant price target reduction from a major analyst firm. The cloud-based data ...</p>\n\n<a href=\"\">網頁鏈接</a>\n\n</div>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNOW","symbol_name":"Snowflake","start_time":0,"source_url":"","article_id":"1188848478","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1188848478","pubTimestamp":1745256744,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Snowflake Inc.  plummeted 5.57% during Monday's trading session, as investors reacted to a significant price target reduction from a major analyst firm. The cloud-based data platform provider saw its stock price fall sharply following the release of a bearish research note.DA Davidson, a prominent financial services firm, lowered its price target on Snowflake from $225 to $200, while maintaining a \"Buy\" rating on the stock. The downward revision came as part of a broader research note ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SNOW":"Snowflake"},"translate_title":"DA Davidson因经济担忧下调目标价，Snowflake股价暴跌5.57%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SNOW":1},"content_text":"Shares of Snowflake Inc. (NYSE:SNOW) plummeted 5.57% during Monday's trading session, as investors reacted to a significant price target reduction from a major analyst firm. The cloud-based data platform provider saw its stock price fall sharply following the release of a bearish research note.\nDA Davidson, a prominent financial services firm, lowered its price target on Snowflake from $225 to $200, while maintaining a \"Buy\" rating on the stock. The downward revision came as part of a broader research note addressing concerns about potential economic slowdown in the United States. Despite keeping a positive long-term outlook on the company, the firm's analysts expect near-term headwinds to impact Snowflake's growth trajectory.\nThe price target cut reflects growing worries about the overall economic landscape. DA Davidson's research note suggests a base case scenario of one or two quarters of negative GDP growth in the US, which could lead to reduced corporate investment and slower consumer activity. This outlook has already begun to affect valuations across the tech sector, with Snowflake being no exception. As companies potentially tighten their budgets in response to economic uncertainty, it could impact demand for Snowflake's cloud-based data services, at least in the short term.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}