Snowflake Stock Dips Slightly But Seen Outperforming Broader Market
• Snowflake Inc. (SNOW) stock fell 0.48% on latest trading day, underperforming broader market • Shares are up 21.97% over past month, beating sector and market • Earnings report due on February 28th expected to show EPS growth of 21.43% and revenue growth of 29.01% • Recent analyst estimate changes indicate positive near-term momentum • Snowflake has Zacks Rank #4 (Sell), indicating underperformance potential relative to other stocks