Movement Alert｜Snowflake Rises 3.51% in Regular Trading, Internet Infrastructure Sector Rallies as Investment Banks Raise Target Prices

Market Focus

Aug 07

On August 7, Snowflake rose 3.51% in regular trading, trading at $328.94/share, with turnover of $415 million. The stock benefited from a broad rally across the Internet Services & Infrastructure sector combined with a wave of investment bank target price upgrades.

On the news front, the sector saw significant upward momentum, with Twilio surging over 23% and Cloudflare gaining over 13%, creating a strong linkage effect. Meanwhile, multiple investment banks have recently raised their target prices on Snowflake: BTIG lifted its target to $340, UBS to $370, and Royal Bank of Canada to $313 while maintaining an Outperform rating. Additionally, Snowflake recently launched Cortex AI Gateway and other AI security innovations, strengthening its competitive position in the enterprise AI agent ecosystem. Competitor Databricks' valuation leap to $188 billion has further driven a broader revaluation of the AI data platform sector, providing additional support for Snowflake's price recovery.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.etasphere.com/news/1143449613"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1143449613\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1143449613?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-07 22:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1143449613","market":"us","top_or_hot":-1,"title":"Movement Alert｜Snowflake Rises 3.51% in Regular Trading, Internet Infrastructure Sector Rallies as Investment Banks Raise Target Prices","media":"Market Focus","content":"<p><p>On August 7, Snowflake rose 3.51% in regular trading, trading at $328.94/share, with turnover of $415 million. The stock benefited from a broad rally across the Internet Services & Infrastructure sector combined with a wave of investment bank target price upgrades.</p><p>On the news front, the sector saw significant upward momentum, with Twilio surging over 23% and Cloudflare gaining over 13%, creating a strong linkage effect. Meanwhile, multiple investment banks have recently raised their target prices on Snowflake: BTIG lifted its target to $340, UBS to $370, and Royal Bank of Canada to $313 while maintaining an Outperform rating. Additionally, Snowflake recently launched Cortex AI Gateway and other AI security innovations, strengthening its competitive position in the enterprise AI agent ecosystem. Competitor Databricks' valuation leap to $188 billion has further driven a broader revaluation of the AI data platform sector, providing additional support for Snowflake's price recovery.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜Snowflake Rises 3.51% in Regular Trading, Internet Infrastructure Sector Rallies as Investment Banks Raise Target Prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜Snowflake Rises 3.51% in Regular Trading, Internet Infrastructure Sector Rallies as Investment Banks Raise Target Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-08-07 22:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On August 7, Snowflake rose 3.51% in regular trading, trading at $328.94/share, with turnover of $415 million. The stock benefited from a broad rally across the Internet Services & Infrastructure sector combined with a wave of investment bank target price upgrades.</p><p>On the news front, the sector saw significant upward momentum, with Twilio surging over 23% and Cloudflare gaining over 13%, creating a strong linkage effect. Meanwhile, multiple investment banks have recently raised their target prices on Snowflake: BTIG lifted its target to $340, UBS to $370, and Royal Bank of Canada to $313 while maintaining an Outperform rating. Additionally, Snowflake recently launched Cortex AI Gateway and other AI security innovations, strengthening its competitive position in the enterprise AI agent ecosystem. Competitor Databricks' valuation leap to $188 billion has further driven a broader revaluation of the AI data platform sector, providing additional support for Snowflake's price recovery.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNOW","symbol_name":"Snowflake","start_time":0,"source_url":"","article_id":"1143449613","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1143449613","pubTimestamp":1786111360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On August 7, Snowflake rose 3.51% in regular trading, trading at $328.94/share, with turnover of $415 million. The stock benefited from a broad rally across the Internet Services & Infrastructure...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SNOW":"Snowflake"},"translate_title":"走势警报|Snowflake常规交易上涨3.51%，投行上调目标价，互联网基础设施板块上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SNOW":1},"content_text":"On August 7, Snowflake rose 3.51% in regular trading, trading at $328.94/share, with turnover of $415 million. The stock benefited from a broad rally across the Internet Services & Infrastructure sector combined with a wave of investment bank target price upgrades.On the news front, the sector saw significant upward momentum, with Twilio surging over 23% and Cloudflare gaining over 13%, creating a strong linkage effect. Meanwhile, multiple investment banks have recently raised their target prices on Snowflake: BTIG lifted its target to $340, UBS to $370, and Royal Bank of Canada to $313 while maintaining an Outperform rating. Additionally, Snowflake recently launched Cortex AI Gateway and other AI security innovations, strengthening its competitive position in the enterprise AI agent ecosystem. Competitor Databricks' valuation leap to $188 billion has further driven a broader revaluation of the AI data platform sector, providing additional support for Snowflake's price recovery.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}