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Morgan Stanley upgraded two IT stocks today – Morgan Stanley analyst Keith Weiss upgraded Snowflake Inc (NYSE: SNOW) to Overweight from Equal Weight with a price target of $390, up from $344 (30.5% upside). Weiss highlights that working to the Rule of 80 with Snowflake executing ahead of plan, the recent pullback creates an attractive opportunity and upgrades to OW.
...read full article on Benzinga