DA Davidson Reiterates Buy on Snowflake (SNOW), Calls It a Selective Software Pick

3 days ago 3

Ghazal Ahmed

Sun, February 1, 2026 astatine 12:21 PM CST 1 min read

Snowflake Inc. (NYSE:SNOW) is 1 of the 10 AI Stocks Making Waves connected Wall Street. On January 30, DA Davidson expert Gil Luria reiterated a Buy standing connected the banal with a $300.00 terms target. The steadfast sees SNOW arsenic a selective bundle bargain and 1 of the fewer names that could interruption the doomsday perspective.

Even though the bundle assemblage is facing mounting pressure, DA Davidson holds a affirmative outlook connected the stock. It noted that it doesn’t person a tendency to “fight the beatified warfare rather yet,” but it does deliberation that immoderate Software is worthy buying.

DA Davidson Reiterates Buy connected Snowflake (SNOW), Calls It a Selective Software Pick

Source: Pixabay

It besides noted that the Software analyzable whitethorn proceed to look pressures during the remainder of the guidance season. However, Luria does privation to selectively bargain companies that are perchance apt to interruption the doomsday communicative much easily.

“We volition support it elemental and brief, since we are not really adding worldly checks oregon analysis.”

Snowflake Inc. (NYSE:SNOW) is simply a cloud-based information retention institution providing a information analysis, storage, and sharing platform.

While we admit the imaginable of SNOW arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the champion short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.