Goldman says Snowflake will bounce back, upgrades software stock to buy

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By Martin in Technology
Updated 3 years ago

The recent pullback for Snowflake hasn't changed the long-term bull case for the company and has made the stock too attractive to pass up, Goldman Sachs said on Friday. The software stock has declined more than 50% since its peak in early December, dramatically underperforming even its own struggling sector.

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