The artificial intelligence (AI) era is hitting its second stage, benefiting software and cloud providers, Wedbush analysts say. Wedbush managing director of equity research Scott Devitt joins Seana ...
Along with his upgrade of Snowflake, Ives raised his rating on Elastic N.V.'s stock (ESTC) to outperform from neutral and set a price target of $135 a share. Elastic's stock rose about 4.2%.
Snowflake Inc.'s stock was up about 4% in premarket trading on Monday on the heels of a fresh upgrade to outperform from neutral on an expected boost to software companies taking part in the booming ...