Wedbush Securities analyst Daniel Ives has significantly increased his optimism on the next phase of the AI revolution, ...

Snowflake (NYSE:SNOW) and Elastic (NYSE:ESTC) were in focus on Monday as Wedbush Securities upgraded the software companies ...

Investing.com-- Wedbush upgraded its rating on software firms Snowflake and Elastic , citing increased optimism over their ...

A Wall Street analyst upgraded Snowflake and Elastic as he pointed to software as the new key AI battleground.

Elastic gains 3.9%; Snowflake shares jumped 3.4% in premarket trading. Analyst Dan Ives at Wedbush raised Snowflake's price objective to $190 and Elastic's to $135, improving the firms from Neutral.

Daniel Ives sees $2 trillion in AI spending, benefiting Snowflake, Elastic, Palantir, and Salesforce. Snowflake upgraded to Outperform with a $190 price target. Elastic's target raised to $135 ...

Snowflake (NYSE:SNOW) and Elastic (NYSE:ESTC) were in focus on Monday as Wedbush Securities upgraded the software companies on the belief that the artificial intelligence revolution is "hitting ...

Investing.com-- Wedbush upgraded its rating on software firms Snowflake and Elastic , citing increased optimism over their exposure to the rapidly growing artificial intelligence industry ...

The analyst upgraded Snowflake to Outperform, raising its price target to $190, supported by a 30x long-term free cash flow (FCF) estimate. For Elastic, Ives highlights its strategic alignment ...