Snowflake Unveils Zero Copy Integration with ServiceNow for AI Workflows
SNOW sits 99% above its 52-week low of $118.3.
Summary
Snowflake has launched a "Zero Copy" integration with ServiceNow, enabling direct reads of Snowflake data into ServiceNow workflows to boost AI-driven features. This product development expands Snowflake's ecosystem and utility, aligning with the company's recent focus on AI innovations announced at its annual Summit. Separately, UBS has raised its price target for Snowflake to $370 from $325, maintaining a Buy rating.
At the time of this announcement, SNOW was trading at $235.14 on NYSE in the Technology sector, with a market capitalization of approximately $83.6B. The 52-week trading range was $118.30 to $284.99. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.