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Snowflake Rises 5% On Analyst Action

Shares of cloud computing company Snowflake Inc. (SNOW) are climbing 5 percent on Thursday's trading after reports that the stock was upgraded to Overweight by analysts at JP Morgan Chase & Co. (JPM).

The rating for the SNOW stock was raised to Overweight from Neutral with a $165 price target.

Currently at $134.66, the stock has traded between $110.26 and $405.00 during the past 52 weeks.

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