Wedbush Securities analyst Daniel Ives has significantly increased his optimism on the next phase of the AI revolution, ...
Snowflake (SNOW) and Elastic (ESTC) were in focus on Monday as Wedbush Securities upgraded the software companies. Read for ...
A Wall Street analyst upgraded Snowflake and Elastic as he pointed to software as the new key AI battleground.
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 ...
A few artificial intelligence-levered companies evinced enough confidence in a Wedbush analyst that he either upgraded or ...
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 ...
Silicon Valley-based Snowflake is “in the sweet spot” to benefit from wider use of AI among businesses over the next 12 to 18 ...
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 ...
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 ...
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.
Wedbush upgraded its rating on software firms Snowflake and Elastic , citing increased optimism over their exposure to the rapidly growing artificial intelligence industry, especially on an enterprise ...