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Stephen Bersey, of HSBC Global Research, downgraded Snowflake stock to Hold from Buy. Shares of the software firm have soared about 70% since late October.
Vertiv stands to gain from AI, but earnings due Feb. 21 could spark profit-taking, the bank said.
The maker of healthcare diagnostics products post disappointing fourth-quarter results.
The S&P 500 is attempting to recover from some nasty selling, but don’t be fooled. There’s likely more downside ahead, especially if the Fed scales back...
The company has said a pileup of inventory held by customers would result in slower shipments of networking equipment.